LBRY Says It Will Close Down After SEC's Win

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. Memorandum attached | Read full article » | Save to favorites » 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