ambcrypto.com: SEC commissioner Peirce slams agency’s handling of LBRY case

• The remarks come after LBRY Inc. disclosed its decision to cease operations.
• Peirce stated that there is no clear path for companies like LBRY to register their functional token offerings.

In a candid and critical statement, Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), expressed her dissatisfaction with how the SEC handled charges against the crypto startup LBRY.

Peirce, known for her crypto-friendly stance, highlighted that despite the SEC’s claims of…