SEC goes after Manchester startup for issuing its own cryptocurrency

Jun. 27—W hen Jeremy Kauffman launched his startup company LBRY Inc. in 2016, he hoped to dethrone YouTube and similar video-sharing companies with the same blockchain technology that Bitcoin used to redefine the notion of money. He didn't reckon on having to deal with the U.S. Securities and Exchange Commission. But in March, the SEC filed civil complaints against LBRY in U.S. District Court ...

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