The SEC v. Ripple case continues to see new developments every week. However, a lesser-known case might just provide some clarity first – The SEC’s lawsuit against LBRY is scheduled for trial in September 2022.In 2021, the SEC filed a complaint against LBRY, Inc.
one where the agency alleged LBRY violated the Securities Act of 1933. The “accused” allegedly offered unregistered securities when it sold “LBRY Credits” to numerous investors, including investors based in the United States, without registering with the SEC.Does the issue ring a bell?
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