The LBRY/Odysee project was one of my favourites as it ticked all the boxes for Digital Freedom
LBRY is the protocol behind websites like Odysee
The SEC (Securities & Exchange Commission) went after LBRY/Odysee making a determination that the LBRY token (crypto) was a security.
This is just part of the war on Digital Freedom and they chose LBRY because it was one of the best examples of a Web 3.0 application.
They have bankrupted LBRY/Odysee and it has now been put into receivership.
They will strip the assets of the company taking out network entry points such as odysee.com and any corporate and legal structures.
Because LBRY is a totally decentralised network based on FOSS, the government cannot take it down, so there is a real chance for it to rise like a phoenix.
But only if we all get behind whatever solution they come up with – please click the link to read the full article