Mati Greenspan warns SEC’s newest motion may threaten way forward for all cryptocurrencies By Cointelegraph

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Mati Greenspan warns SEC’s newest motion may threaten way forward for all cryptocurrencies

Quantum (NASDAQ:) Economics founder Mati Greenspan has warned the US Securities and Alternate Fee’s newest motion in opposition to decentralized content material platform LBRY may threaten the way forward for all cryptocurrencies.

In keeping with the grievance filed by the SEC on March 29, LBRY is alleged to have provided and bought hundreds of thousands value of unregistered securities by LBRY Credit score tokens since 2016. The corporate has disputed the SEC’s accusations, because it states its tokens are utility-focused and never for hypothesis.