Securities and Exchange Commission v. LBRY

U N I T E D S T AT E S D I S T R I C T C O U R T F O R T H E D I S T R I C T O F N E W H AM P S H I R E S e c u r it ie s a n d E x c h a n g e C o m m is s i o n v. Ca se No. 21-cv-260-P B Opin ion No.

2022 DNH 138

L B R Y, I n c . ME MO R AN D U M AN D O R D E R Th e Secu r it ies a n d E xch a n ge Com m ission (SE C) con t en ds t h a t LBRY, In c. offer ed a n d sold u n r egist er ed secu r it ies in viola t ion of Sect ion 5 of t h e Secu r it ies Act of 1933. LBRY r espon ds t h a t it does n ot n eed t o com ply wit h t h e Secu r it ies Act beca u se it s a lleged secu r it y, a…