Securities Act of 1933
Destructive ruling against LBRY “sets an extraordinarily dangerous precedent” for cryptocurrency in the US
LBRY’s CEO warned that this standard could result in “almost every cryptocurrency” being classed as a security.
SEC sues decentralized content platform LBRY over sales of its cryptocurrency, puts the entire industry at risk
LBRY has warned that the SEC’s claims could “destroy the United States cryptocurrency industry.”