Here’s What Happened in Crypto Today by Cointelegraph

Blockchain company LBRY Inc. has announced that it will no longer proceed with its appeal against the U.S. Securities and Exchange Commission (SEC) and is officially winding down its operations. The firm cites “several million dollars” of debt as the reason for its inability to continue.

In other developments, cryptocurrency mixers could soon be classified as money-laundering services in the United States. Additionally, the Attorney General of New York has filed a lawsuit against Gemini, Genesis, and DGC, accusing them of defrauding investors through the Gemini Earn investment program.