By Katryna Perera (February 8, 2022, 10:25 PM EST) — The U.S. Securities and Trade Fee scored a win in a case accusing a blockchain outfit of promoting unregistered securities when a New Hampshire federal decide rejected the corporate’s declare it was the sufferer of selective enforcement.
In an order Monday, U.S. District Choose Paul J. Barbadoro stated he agreed with the SEC that defendant LBRY had made a “fatally flawed” argument that it was being singled out by the company as a result of the corporate’s personal filings acknowledged dozens of different SEC instances towards comparable companies. He granted the SEC’s July movement for judgment on the pleadings, permitting the case to proceed…
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