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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 cplex on Wednesday September 08, 2021 @07:56AM (#28455774)
I mean, maybe? It’s quite clear to most people at casinos that they can lose all their money. Is it just as clear to people who “lend” uninsured money to a company?
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Re:The SEC has told us it wants to sue us over Lend. We don’... by qwertox on Wednesday September 08, 2021 @02:30PM (#28461207)
A casino is similar to a lottery, you expect to lose some, but also to have the (small) chance to win a lot.

Coinbase is promising a fixed 4% earning. If they are to be taken serious, 4% does not mean the risk of losing it all, like in a casino.

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