The SEC Commissioner highlighted the challenges faced by crypto startups in navigating securities regulations.
By Ann Maria ShibuTag Archives: LBRY
The Ripple community has been waiting patiently for a judgment that might shape the crypto regulatory landscape, but XRP continued its price trend unhindered.
By Adewale OlarindeOn 7 November, a federal judge in New Hampshire ruled that crypto-startup LBRY had violated securities laws by selling LBC. It did so by selling its native token without registering with the United States SEC, the judge observed. This verdict has XRP investors and its stakeholders in the crypto-industry worried. This, especially since it likelyContinue reading “Here’s why XRP holders shouldn’t be worried about LBRY’s verdict”
By Saman WarisLBRY is a distributed storage network for user-created media. Using a system like Ethereum Name Service, content creators can assign a price to each view of their work. However, a New Hampshire judge recently decided that LBRY broke the law. LBRY offered and sold LBC tokens in the U.S without first registering with the Securities andContinue reading “Assessing the LBRY-SEC feud and its impact on Ripple’s longstanding claim “
By Saman WarisThe SEC v. Ripple case continues to see new developments every week. However, a lesser-known case might just provide some clarity first – The SEC’s lawsuit against LBRY is scheduled for trial in September 2022. In 2021, the SEC filed a complaint against LBRY, Inc. one where the agency alleged LBRY violated the Securities Act ofContinue reading “From Ripple to LBRY: SEC has this to say about Defendants’ and their motion(s)”
By Shubham PandeyThe SEC vs. Ripple case continues to create headlines within the crypto community. But a lesser-known case may provide clarity for the former. In 2021, the SEC filed a complaint against LBRY, Inc. (a blockchain-based file-sharing and payment network) where the SEC alleged that LBRY violated the Securities Act of 1933. The ‘accused’ offered unregisteredContinue reading “LBRY vs. SEC to face the same fate as Ripple vs. SEC? Answer can alarm you”
By Shubham Pandey