Progress

Current status
under investigation
07 Nov 2022 under investigation
29 Mar 2021 under deliberation

Scope

Implementers
United States of America
Policy Area
Registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
judiciary
executive
Government Body
court
other regulatory body
Implementation Level
national

Timeline of events

07 Nov 2022
under investigation

Issued ruling against LBRY regarding classification of its crypto assets as securities

On 7 November 2022, the United States District Court of New Hampshire issued a summary judgment in favour of the Securities and Exchange Commission (SEC) in its lawsuit launched in March 2021 against blockchain-based file-sharing company LBRY. The l…

Source
Event type public lawsuit
Action type interim ruling
Government branch judiciary
Government body court
29 Mar 2021
under deliberation

Announced SEC lawsuit against LBRY regarding classification of its crypto assets as securities

On 29 March 2021, the US Securities and Exchange Commission (SEC) filed a lawsuit against blockchain-based file-sharing company LBRY under the District Court of New Hampshire. According to the SEC, LBRY raised more than USD 11 million from investors…

Source
Event type public lawsuit
Action type announcement
Government branch executive
Government body other regulatory body