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The file-sharing network LBRY has appealed against the SEC's allegations of violating securities laws

ChainCatcher news, according to a legal document shared by former U.S. federal prosecutor James K. Filan on the X platform, the blockchain-based file-sharing network LBRY has issued a notice of appeal and plans to appeal to the U.S. Court of Appeals for the First Circuit regarding the SEC's allegations of violating securities laws.Previously, a judge in New Hampshire ruled that LBRY violated securities laws by selling its native LBC tokens without registering with the U.S. Securities and Exchange Commission (SEC). The SEC initially imposed a fine of $22 million, which was later reduced to $111,000.
2023-09-08
LBRY
US SEC
LBC

Dragonfly Partners: How Do U.S. SEC Regulatory Actions Affect the Cryptocurrency Market?

The impact of news about regulatory actions on the market is reasonable, but it is difficult to say when a piece of news has been "effectively" priced in.
2021-05-18
SEC
cryptocurrency
XRP
LBC
EOS
Dragonfly Partners: How Do U.S. SEC Regulatory Actions Affect the Cryptocurrency Market?
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