Considering how small the fine is, crypto-scammers will remain undeterred. It is the US legislators who will see LBRY as an example -- an example of a big edge-case that US securities laws don't address. Those laws probably won't be changed until after the upcoming economy-wide crash begins. But by that point, a lot of scamcoins might have already gone under.

From the article:

Tell such groups to work anonymously/pseudonymously and online only. LBRY failed because they believed that the State would treat them fairly for operating entirely above board and not trying to defraud investors. It is a sort of toxic positivity, which is inexcusable considering the guy in charge of LBRY is a libertarian.