A charitable foundation holding digital assets given to it by the creator of the crypto currency is not entitled to intervene in a case brought by the Securities and Exchange Commission claiming that the issuer failed to file a registration statement under the Securities Act, the First Circuit Court of Appeals has affirmed. It is an early case involving crypto assets involving a charity. LBRY, Inc. launched a blockchain-enabled network in 2016, called the LBRY Protocol, to create a public and intermediary-free means of distributing and purchasing digital content. Any individual may publish digital content on the Protocol and other users may browse the Protocol and purchase the content using...