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A comment on The SEC has told us it wants to sue us over Lend. We don’t know why. Parent comment

Re:The SEC has told us it wants to sue us over Lend. We don’... by TameAntelope on Wednesday September 08, 2021 @03:52AM (#28454348)
The Howey Test, I believe, is that Coinbase is taking the money being given to it by "account holders" and performing some "thing" to that money to generate value.

I don't understand it nearly well enough to explain it, but the wonderful Matt Levine has given it a shot: https://www.bloomberg.com/news/newsletters/2021-08-09/money-...

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Re:The SEC has told us it wants to sue us over Lend. We don’... by andreareina on Wednesday September 08, 2021 @05:24AM (#28454873)
I really hope this is showing up in the next Money Stuff.
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