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Judge Clarifies That Security Injunction in LBRY v. SEC Case Was Only for Direct Sale

A New Hampshire district court judge has clarified that a security injunction ruled earlier in the legal battle between the United States Securities and Exchange Commission (SEC) and decentralized content-sharing and publishing platform LBRY applied only to direct sales of the project’s tokens.

The ruling came during an appeal hearing on January 30, 2023, settling an agelong debate between the SEC and the crypto community.

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