Ripple exec and XRP community back SEC commissioner’s LBRY lawsuit dissent
Stuart Alderoty thanked Hester Peirce and suggested it might be time to submit an amicus brief.
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Stuart Alderoty thanked Hester Peirce and suggested it might be time to submit an amicus brief.
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations.
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the federal regulator again after losing the battle in November last year.
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount.
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on.
After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship.
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had…
The crypto-powered video platform LBRY has lost a case against the SEC, making its native asset a security. LBRY Sold Unregistered Securities LBRY has lost to the SEC. In a...
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed…