Summary: Court documents show that the SEC could slash its $22 million fine against crypto company LBRY for alleged violations, per filing made on Friday, May 12. The watchdog said that LRBY broke U.S. securities laws by offering unregistered LCB tokens. The lawsuit filed in March 2021 which later secured a $22 million fine against LBRY from a U.S. Judge in November could end in a reduced penalty worth $111,614. The U.S. Securities and Exchange Commission filed to slash $22