Coin

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  <ul class="news-points"> 
   <li><strong>Key argument regarding the Major Questions Doctrine left unaddressed in SEC vs. LBRY case.</strong></li> 
   <li><strong>John Deaton highlights LBRY’s strategic mistake in conceding first two factors of the Howey test.</strong></li> 
   <li><strong>SEC’s handling of the “common enterprise” aspect of the Howey test questioned.</strong></li> 
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  <p>In a surprising turn of events, the recent legal battle between decentralized content distribution platform LBRY, Inc. and the Securities and Exchange Commission (SEC) reached its conclusion without addressing a key argument that could have had significant implications for the case. The absence of the Major Questions Doctrine from the proceedings has left <a href="https://coinedition.com/secondary-sale-of-lbry-credits-left-hanging-as-the-company-winds-down/" rel="noopener noreferrer nofollow">LBRY ceasing their operations</a>, as the court issued a final judgment largely favoring the SEC’s claims.</p> 
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     <p lang="en" dir="ltr">Oooof <a href="https://twitter.com/LBRYcom?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LBRYcom</a> might be thinking it missed a real important argument. <br><br>Don’t be too rough with your counsel for missing this opportunity. It’s fashionable now but wasn’t so at the time. Plus not having the time and space to give the issue the proper treatment might have… <a href="https://t.co/6zslUJ4sEb" target="_blank" rel="noopener noreferrer nofollow">https://t.co/6zslUJ4sEb</a> <a href="https://t.co/U7YmdHe04j" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/U7YmdHe04j</a></p>— Bill Hughes : wchughes.eth 
     <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f98a.png" alt="🦊" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@BillHughesDC) <a href="https://twitter.com/BillHughesDC/status/1679124113732902913?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 12, 2023</a> 
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  <p>The oversight becomes even more significant conside…</p> 
  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/lbrys-case-exposes-gaps-in-secs-approach-to-crypto-regulations/">LBRY’s Case Exposes Gaps in SEC’s Approach to Crypto Regulations</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>
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LBRY’s Case Exposes Gaps in SEC’s Approach to Crypto Regulations

Coin Edition

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