LBRY’s native token LBC is in the midst of a parabolic run-up following new developments relating to its battle with the U.S. Securities and Exchange Commission (SEC). The file-sharing and payments protocol lost a court case with the SEC in November of last year after a federal judge ruled that it violated securities laws when it sold LBC. LBRY’s battle with the SEC has captured the attention of Ripple and XRP supporters as their own community continues to weather a similar battle with the regulator, which accused Ripple Labs of issuing XRP as an unregistered security in late 2020. AfterGo to Source
Author: NixCoin