LBRY Says It Will Close Down After SEC's Win

[Gunnar Larson]

LBRY Says It Will Close Down After SEC's Win

By Jessica Corso

Would-be YouTube alternative LBRY Inc. said Tuesday that it was closing up
shop after a judge permanently barred the platform from the crypto industry
and ordered it to pay a civil penalty of around $100,000 for failing to
register its digital token with the U.S. Securities and Exchange Commission.

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https://www.law360.com/capitalmarkets/articles/1698500?nl_pk=8da16ff7-f140-492c-bcb7-88f09ca11890&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2023-07-12&nlsidx=0&nlaidx=9
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