SEC vs. LBRY Summary Judgement Ruling (We Lost)(twitter.com)
twitter.com
SEC vs. LBRY Summary Judgement Ruling (We Lost)
https://twitter.com/lbrycom/status/1589646941465763840
2 comments
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.
"The language used here sets an extraordinarily dangerous precedent that makes every cryptocurrency in the US a security, including Ethereum."