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SEC has filed a complain against LBRY, Inc alleging a sale of LBRY Credits This seems to come as a surprise to the company after extensive efforts in the past three years in compliancy dedicating thousands of hours in the area, despite an absence of clear guidance by the SEC for this industry. Key points: "As we will show in our legal defense, the LBRY token is not a security but a commodity. LBRY never engaged in an initial coin offering (ICO), and we never conducted a securities offering. Nonetheless, LBRY has sought to comply with Know Your Customer and anti-money laundering principles despite the fact that the LBRY token is not a security." "We are asking our community to help us spread the word about our fight and to express your support online for LBRY and the survival of the blockchain industry. Please share this letter on your social channels and use #helplbrysavecrypto. Learn more at https://helplbrysavecrypto.com and please sign our petition." #CryptoNews

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