LBC token price in limbo amid Ripple Ally LBRY's closure move
"After The final judgment in SEC v. LBRY is out. In accordance with the court's order and our promises, we expect to spend the next several months winding LBRY Inc. down entirely. As to what happens to LBRY from here, well, that's up to you," LBRY said in aAt the time of writing, LBC was down 1.77% in the last 24 hours to $0.0092 as the token's price failed to make a significant move.
The judge stated that the SEC has not argued in the LBRY case that third-party holders of LBC could violate the injunction merely by purchasing or selling LBC. He added that the SEC expressly stated that it"is not seeking an order prohibiting all third parties from buying or selling LBC." Ripple CTO David Schwartz thinks this is still a victory.
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