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SEC Shows Mercy Against LBRY in Lawsuit, Reduces $22,000,000 Fine to $111,000
By Conor Devitt at 2026-05-07 12:08
Sentiment: Positive
The U.S. Securities and Exchange Commission (SEC) has reduced a $22 million fine against file-sharing and payments protocol LBRY to just $111,614. LBRY lost a court case with the SEC in November of last year after a federal judge ruled that the company violated securities laws when it raised about $12.2 million worth of proceeds […] The post SEC Shows Mercy Against LBRY in Lawsuit, Reduces $22,000,000 Fine to $111,000 appeared first on The Daily Hodl. Continue reading...
Categories: Altcoins
Tags: #Altcoins #Regulators #LBRY #News #SEC #U.S. Securities and Exchange Commission
Source The Daily Hodl