Cryptocurrency is NOT a crime

Cryptocurrency is NOT a crime

Started
March 29, 2021
Signatures: 51,301Next Goal: 75,000
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Why this petition matters

Started by LBRY

The Securities and Exchange Commission is attempting to make virtually ALL cryptocurrencies in the United States illegal to freely transact and exchange.

We live in a world where:

  • Big banks crashed the economy in 2008 with almost no punishment
  • Robinhood sides with the suits against the little guy without retribution
  • Big tech exploits and abuses us freely

And what does the SEC do? The SEC goes after blockchain and cryptocurrency, which is one of the best hopes the people have to take back control.

The decentralized LBRY network is used by tens of millions of people. The token has clear utility and is not a security. Under the standards established in the SEC vs. LBRY, Inc., nearly all cryptocurrencies would be deemed illegal to freely use.

We call on the SEC to drop this case and establish clear standards for the cryptocurrency industry in the United States.
 

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Signatures: 51,301Next Goal: 75,000
Support now
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