LBRY Inc. has thrown in the towel, announcing that it would be shutting down operations, citing millions of dollars of debt that have made operations unviable.
The company issued a final message, thanking everyone who fought with the company to uphold online freedom.
LBRY Parts With A Final Message
The company issued its final message to the crypto community, stating it owed several million in debt, making it impossible for the firm to continue. The firm, in a separate post on X, stated,
“LBRY Inc. is winding down. The LBRY network is unaffected. Odysee and other assets will undergo a legal process to satisfy debts, but Odysee has a bright future ahead. Thank you to everyone who fought with us for online freedom. A final goodbye post is in the first reply.”
In a statement released on Odysee on the 20th of October, the team explained that its debts had become too big a barrier to overcome. The statement also revealed that all LBRY employees, board members, and executives hav
We współpracy z: https://cryptodaily.co.uk/2023/10/lbry-incto-shut-down-operations-issues-final-message
