[finer9]

First off, thank you for taking the time to share your concerns. I'm from the founding team and work on compliance a lot.

In all fairness, starting off with 'crypto and p2p are used by criminals' as the context was a bit unfair. There are many more people doing good things with both technologies vs bad things. We are the good guys. We are basically software engineers.

In response to your specific concerns, I'd like to reassure you that LBRY works closely with our legal counsel Perkins Coie on several fronts. One of those is illegal content, of which CP would be categorized. Section 230 of the Communications Decency Act provides fairly well established guidance for operators of networks such as ours. https://www.eff.org/issues/cda230

That being said, of course we dont want nor will tolerate this type of content and report each and every instance to the National Center for Missing and Exploited Children - including IP and/or any data we have in the specific situation. We would not hesitate to report to local or state law enforcment if we had information that was relevant. Fortunately at this time we have had very few things to report.

With regard to your financial concerns - LBRY maintains the stance that we are a pure play utility token. We never had an ICO, have never made statements about future prospects or returns from our tokens, and do not encourage purchase of tokens except for use on the platform. We have put in a considerable amount of legal work in this regard too, and have had extensive discussions with many parties. While every single crypto company currently has regulatory uncertainty, we believe we have possibly the best facts of any utility token and stand behind them.