The SEC wins its case against decentralized content distribution network LBRY

FlavienNovember 8, 2022

Less than a minute

The SEC wins its case against decentralized content distribution network LBRY

The U.S. District Court of the Disctrict of New Hampshire ruled that LBC, the token of decentralized publishing platform LBRY, was an unregistered security. The token was not the subject of an ICO.
Could the SEC use this ruling as a precedent in its case against Ripple ?

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.