US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges – Regulation Bitcoin News
US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the U.S. regulator has accused the company Lbry Inc. of selling unregistered securities. However, the CEO of Lbry denies the project’s native tokens are securities and says the SEC’s logic will put a number of public blockchain projects at risk. US Regulator Accuses Lbry of Selling Unregistered Securities U.S. financial regulators...
Source: bitcoin.com