LBRY decides to fight: Blockchain firm files notice of appeal against SEC By Cointelegraph
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Blockchain-based file-sharing and payment network LBRY appears to be reversing course on an earlier decision to wind down, deciding instead to fight a federal judge ruling in July that sided with the Securities and Exchange Commission.
On Sept. 7, LBRY filed a notice of appeal to the United States Court of Appeals for the First Circuit, seeking to appeal the final judgment entered on July 11 that ordered LBRY to pay a civil penalty and barred it from participating in unregistered offerings of crypto asset securities in the future.
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Blockchain-based file-sharing and payment network LBRY appears to be reversing course on an earlier decision to wind down, deciding instead to fight a federal judge ruling in July that sided with the Securities and Exchange Commission.
On Sept. 7, LBRY filed a notice of appeal to the United States Court of Appeals for the First Circuit, seeking to appeal the final judgment entered on July 11 that ordered LBRY to pay a civil penalty and barred it from participating in unregistered offerings of crypto asset securities in the future.
Continue Reading on Coin Telegraph
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