XRP Lawsuit: Does LBRY Ruling Expose A Chink In Ripple’s Armour?

XRP/Ripple’s lawsuit quest for victory encountered one major hurdle when a New Hampshire Court ruled that LBRY, a decentralized digital content, and payment network offered its native token LBC as security and that the Fair Notice Defense failed. The Court found “no reasonable trier of fact could reject the SEC’s contention that LBRY offered LBC […]

View Details

LBRY tanks 35% as US court declares it security

A United States court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security.

The post LBRY tanks 35% as US court declares it security appeared first on CryptoSlate.

View Details

SEC revises $22M punishment against LBRY, seeks $111K instead

The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to cough up the funds to be able to pay it.  In a May 12 filing in a New Hampshire District Court, the Securities and Exchange Commission (SEC) sought an [...]

The post SEC revises $22M punishment against LBRY, seeks $111K instead appeared first on Crypto Breaking News.

View Details

Ripple and XRP Hold Their Breath as Judge Holds Off Judgment on LBRY Credits

US court ruling on LBRY Credits' security status may impact Ripple's upcoming case, setting legal precedent.

Continue reading at DailyCoin.

View Details

Top Lawyer Says Judge Torres May Not Address XRP Security Status In Final Ruling

Pro-XRP lawyer Jeremy Hogan believes Judge Torres may follow LBRY’s final ruling and not address XRP secondary market transactions. The final ruling of the SEC v. LBRY’s lawsuit has continued to stir reactions from pro-XRP lawyers. As reported by Crypto Basic, US District Judge Paul Barbadoro issued the final ruling of SEC v. LBRY. However, the […]

The post Top Lawyer Says Judge Torres May Not Address XRP Security Status In Final Ruling first appeared on The Crypto Basic.

View Details