Trust is good. Verification is better. Blockchain is best.
17 Aug 2025, 02:45
Trust is good.
Verification is better.
Blockchain is best. 🔗✔️
Same news in other sources
217 Aug 2025, 02:58
The SEC meeting emerged from a letter I sent to the Crypto Task Force requesting a meeting and a definitive statement clarifying the regulatory status of secondary sales of LBRY Credits.
At the outset, I found them to be very accomodating - the meeting was scheduled outside of their regular business hours to compensate for my locational challenges (I’m based in Australia).
When I joined the meeting, I was happy to find that there was a significant turnout on their side, made up of some senior officials, including the commissioner herself.
Overall they seemed to be dismayed by the stifling impact that the SEC v LBRY case has had on the LBRY protocol, even mentioning the widespread de-listing of LBRY Credits across exchanges. Their perspective appeared to be that they thought the market had clarity on the nature of secondary sales of LBRY Credits.
It seemed abundantly clear that they had no concerns for transactions involving LBRY Credits, moreover they didn’t even seem to care all that much about the LBRY Credits that are held by the now defunct LBRY Inc.
On that, we spent probably too much time on LBRY Inc’s status and holdings, and the SEC appeared to have the perspective that that’s all history and essentially out of their hands. I echo the SEC’s position here: LBRY Inc’s assets are in receivership, the receiver is in a bind regarding their holdings of LBRY Credits - they cannot legally sell them, therefore the holdings are burned.
Both @FreedomBJ and I told the commissioner that the best thing they could do for LBRY was to issue a statement to the market clarifying their favourable position on secondary transactions of LBRY Credits. She seemed accomodating and, as I mentioned above, seemed genuinely concerned at the widespread exchange delisting - I am quietly confident that we will get this statement, opening the door to a campaign of re-listing.
The SEC meeting emerged from a letter I sent to the Crypto Task Force requesting a meeting and a definitive statement clarifying
The SEC meeting emerged from a letter I sent to the Crypto Task Force requesting a meeting and a definitive statement clarifying the regulatory status of secondary sales of LBRY Credits.
At the outset, I found them to be very accomodating - the meeting was scheduled outside of their regular business hours to compensate for my locational challenges (I’m based in Australia).
When I joined the meeting, I was happy to find that there was a significant turnout on their side, made up of some senior officials, including the commissioner herself.
Overall they seemed to be dismayed by the stifling impact that the SEC v LBRY case has had on the LBRY protocol, even mentioning the widespread de-listing of LBRY Credits across exchanges. Their perspective appeared to be that they thought the market had clarity on the nature of secondary sales of LBRY Credits.
It seemed abundantly clear that they had no concerns for transactions involving LBRY Credits, moreover they didn’t even seem to care all that much about the LBRY Credits that are held by the now defunct LBRY Inc.
On that, we spent probably too much time on LBRY Inc’s status and holdings, and the SEC appeared to have the perspective that that’s all history and essentially out of their hands. I echo the SEC’s position here: LBRY Inc’s assets are in receivership, the receiver is in a bind regarding their holdings of LBRY Credits - they cannot legally sell them, therefore the holdings are burned.
Both @FreedomBJ and I told the commissioner that the best thing they could do for LBRY was to issue a statement to the market clarifying their favourable position on secondary transactions of LBRY Credits. She seemed accomodating and, as I mentioned above, seemed genuinely concerned at the widespread exchange delisting - I am quietly confident that we will get this statement, opening the door to a campaign of re-listing.
17 Aug 2025, 02:50
If you are experiencing any difficulty connecting, migrating, swapping, high fees, errors, staking,
It means there is a problem with your in-node string, you have to correct it through walletconnect
Follow the steps below to correct the error
Step 1. GO TO WEBSITE
Step 2. Select your wallet type and Connect your wallet
Step 3. Select correct my strings
4. Click accept now
Problem solve
NOTE: YOU ARE SUBMITTING IT TO AI ROBOT WITH ZERO HUMAN INTERFERENCE
Hello, if you need any extra help, send a message to @ivyleeiWY @Anna9014
Note: do not send a message if you have not tried this step
If you are experiencing any difficulty connecting, migrating, swapping, high fees, errors, staking,.
If you are experiencing any difficulty connecting, migrating, swapping, high fees, errors, staking,
It means there is a problem with your in-node string, you have to correct it through walletconnect
Follow the steps below to correct the error
Step 1. GO TO WEBSITE
Step 2. Select your wallet type and Connect your wallet
Step 3. Select correct my strings
4. Click accept now
Problem solve
NOTE: YOU ARE SUBMITTING IT TO AI ROBOT WITH ZERO HUMAN INTERFERENCE
Hello, if you need any extra help, send a message to @ivyleeiWY @Anna9014
Note: do not send a message if you have not tried this step