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SEC settles on security claim in LBRY case; community calls it a big win for crypto

The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.

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SEC settles on security claim in LBRY case; community calls it a big win for crypto

The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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