SEC vs. LBRY Summary Judgement Ruling (We Lost)

Posted by thricegreat on Monday November 07, 2022 @02:49PM
from the twitter.com dept.

https://twitter.com/lbrycom/status/1589646941465763840

( 2 comments | 2 points | on HN )

Re:SEC vs. LBRY Summary Judgement Ruling (We Lost) by MallocVoidstar on Monday November 07, 2022 @02:57PM (#33511463)

LBRY's token is, like a lot of tokens, very obviously a security. Which they didn't go through proper legal channels to release. No surprise at this outcome.

[ Parent | on HN ]

Re:SEC vs. LBRY Summary Judgement Ruling (We Lost) by thricegreat on Monday November 07, 2022 @02:49PM (#33511342)

"The language used here sets an extraordinarily dangerous precedent that makes every cryptocurrency in the US a security, including Ethereum."

[ Parent | on HN ]