What is going on?

Hey @0xbabulos, I am not sure how knowledgeable regarding the current legal landscape for cryptocurrencies in the US so I will try to keep my response high level. The SEC sued LBRY alleging that its token was an unregistered security. The SEC used the fact the LBRY was involved and marketed the listing on exchanges as one of the factors in determining that the LBRY Token is a security. Because of this allegation, we have taken the approach of not discussing CEX’s listing as it is a practice commonly viewed by the SEC as an offering of an investment contract which could subject Archway to the U.S. regulatory purview with the negative impact it entail. The SEC won its motion for summary judgment and LBRY was subsequently forced to shut down operation due to the fines and legal fees associated with defending itself against the SEC’s claim. Archway is seeking to avoid such an outcome here and thus is trying to follow a compliant regulatory path for the safety and health of the protocol.

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