The SEC doesn’t understand blockchain. The claims made in SEC vs. LBRY, Inc. would destroy the United States cryptocurrency industry.
Help us educate the SEC
What’s the big deal?
The entire blockchain industry is at risk in the United States. Big tech and Wall St. would have more power and many people could lose their jobs!
Warning / Enticement: this video is more entertainment than education, read the
Case Guide & FAQ
for facts
The SEC is advancing an aggressive and disastrous new standard that would make almost all blockchain tokens securities.
Classifying all blockchain tokens as securities will be a bureaucratic nightmare for all United States residents and businesses operating in the United States.
Under this new standard, almost any token is a security, including the previously safe ETH. The SEC additionally claim that token sales are sales of securities too!
This change will make it much harder for startups to form new blockchain companies, cause massive job loss, and stunt the development of a critical new technology. All the while, big tech and Wall St. prosper!