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

The SEC has dropped its $22 million disgorgement request in its case against LBRY saying it acknowledges the firm can’t pay a large fine and is seeking just over $111,000 instead. ....

United States , New Hampshire , Exchange Commission , Hampshire District Court , New Hampshire District Court , Jump Trading ,

SEC Knocks LBRY's $22 Million Fine Down to $111K

In a surprising request filed recently, the SEC asked that the court of New Hampshire downsize the penalties imposed on LBRY, a decentralized content platform… ....

New Hampshire , United States , Hampshire District Court , New Hampshire District Court , Reaking News ,

SEC Revises Punishment against LBRY, Reduces Fine by 95%

Identifying the inability of LBRY to pay a sum of $22M as penalty in violations of the securities laws, the SEC revised the penalty to $111K. ....

New Hampshire , United States , Jeremy Kauffman , Bhushan Akolkar , Exchange Commission , Blockchain Technology , Hampshire District Court , New Hampshire District Court ,