SEC files to reduce LBRY’s multi-million dollar fine to $111K

The U.S. Securities and Exchange Commission (SEC) aims to reduce a fine that it previously tried to impose on LBRY, according to a May 12 court filing. SEC will reduce fine, enjoin LBRY The SEC, with court permission, will withdraw its prior request for disgorgement and instead impose a civil penalty of $111,644…
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Melvin Akins

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