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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
a) "You can make a plausible legal argument for why Lend is a security."
Their frustration, rather, is that:
b) "The SEC is not doing the same thing for near-identical offerings like Gemini Earn." and
c) "The SEC won't actually tell us what basis they're appealing to or how this relevantly differs from the others."
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a) "You can make a plausible legal argument for why Lend is a security."
Their frustration, rather, is that:
b) "The SEC is not doing the same thing for near-identical offerings like Gemini Earn." and
c) "The SEC won't actually tell us what basis they're appealing to or how this relevantly differs from the others."