The SEC continued its slow and steady pace of ICO enforcement

Source: Jake Chervinsky, Crypto Law & Policy Newsletter, Q1 2021 in Review.

The SEC continued its slow and steady pace of ICO enforcement with a new action against token issuer LBRY, Inc. The case was criticized by securities lawyers across the spectrum as “unjust” and “unfair,” with many agreeing that the SEC was in the wrong—as a matter of policy, if not as a matter of law. LBRY plans to fight the case and launched a new website to keep the public informed.

Read more: Jake Chervinsky, Crypto Law & Policy Newsletter.

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