Blockchain firm LBRY Inc. has revealed it is no longer pursuing an appeal against the United States Securities and Exchange Commission, announcing a final wind-down of operations. Meanwhile, cryptocurrency mixers may soon be classified as money-laundering hubs in the United States and New York's attorney general has filed a lawsuit against Gemini, Genesis, and DGC for allegedly defrauding investors through the Gemini Earn investment program.
LBRY Inc says final goodbye as debt mounts on SEC loss
Blockchain company LBRY Inc. — the creators of the LBRY blockchain — has issued its final message to the crypto community, citing “several million dollars” of debts that have now made it impossible for the firm to continue.