Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Coinpedia Fintech News on May 13, 2023, 08:28:01 AM
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The recent legal case between the SEC and LBRY, a blockchain-based content-sharing platform, has potential implications for Ripple, its parent company, and the XRP community. The SEC's recent brief on remedies could be seen as a warning for the future of XRP.
LBRY was targeted by the SEC for allegedly conducting unregistered offerings of its crypto asset securities over a period of five years. The SEC also accused LBRY of attempting to manipulate the trading markets for its LBC token and failing to recognize the illegality of its actions.