SEC Claims Digital Asset LBRY Is Unregistered Security

Posted by TechBro8615 on Thursday April 01, 2021 @04:48PM
from the lexology.com dept.

https://www.lexology.com/library/detail.aspx?g=ed91b7de-30e6-4c57-96f9-d3f1c53f9289

( 6 comments | 32 points | on HN )

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by killingtime74 on Thursday April 01, 2021 @06:47PM (#26667226)

Does anyone actually use LBRY and not just read about it on HN?

[ Parent | on HN ]

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by ultrarunner on Thursday April 01, 2021 @11:11PM (#26668725)

I learned about this lawsuit through the EEVBlog Odysee channel, so yes.

(Side note, I got 5 ads on a YouTube video from my own company today within 4 minutes. Eventually gave up watching. YouTube competitors are desperately needed)

[ Parent | on HN ]

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by 35mm on Friday April 02, 2021 @10:58AM (#26671939)

If they’re ads from your own company you can change the ‘Frequency’ setting inside Ads Manager.

[ Parent | on HN ]

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by ultrarunner on Friday April 02, 2021 @03:50PM (#26675249)

I suspected. Not my department, but I did make a note for feedback. I'm sure there's statistics out there on the general frequency of YouTube ads over time.

[ Parent | on HN ]

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by gloriousternary on Thursday April 01, 2021 @11:57PM (#26668912)

Yes. There aren't many people on there, but pretty much anyone who makes content related to Linux is, so it's worthwhile for me.

[ Parent | on HN ]

Re:SEC Claims Digital Asset LBRY Is Unregistered Security by ganoushoreilly on Thursday April 01, 2021 @10:12PM (#26668458)

Isn’t it the basis for one of the YouTube clones? That’s the only time I’ve seen it in use.

[ Parent | on HN ]