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SEC vs. LBRY Summary Judgement Ruling (We Lost)

4 points| thricegreat | 3 years ago |twitter.com

2 comments

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thricegreat|3 years ago

"The language used here sets an extraordinarily dangerous precedent that makes every cryptocurrency in the US a security, including Ethereum."

MallocVoidstar|3 years ago

LBRY's token is, like a lot of tokens, very obviously a security. Which they didn't go through proper legal channels to release. No surprise at this outcome.