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Home CryptoCurrency

SEC seeks to reduce $22M fine on crypto firm LBRY to $111K

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May 15, 2023
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SEC seeks to reduce $22M fine on crypto firm LBRY to $111K
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LBRY founder Jeremy Kaufman previously stated that the case could impact the wider crypto industry as the company maintains that LBC is not a security. Ripple Labs has a similar defense as it faces SEC charges for selling $1.3 billion in XRP tokens.

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