LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?

Home News Cryptocurrency LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?

By CryptoNews - 1 year ago - Reading Time: 1 minutes

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LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?

The US Securities and Exchange Commission (SEC) aims to reduce its $22 million punishment against decentralized content platform LBRY to around $111,000.
The commission submitted a request for amendments to the New Hampshire District Court on Friday, claiming that the platform is not likely to be able to shell out the million-dollar penalty. ...
Read More: LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?

Original source: CryptoNews