Re: GAW / Josh Garza discussion Paycoin XPY xpy.io BTCLend LNC. ALWAYS MAKE MONEY :)
I wish I could remember who was the first person to bring the hashlets == unregistered securities allegation up in this thread. It only took a year but the US Gov finally agrees 
For some reason, Jimmothy comes to mind, but I can't be certain.
https://bitcointalk.org/index.php?topic=857670.msg9579418#msg9579418 ?
I think it was brought up as early as September 2014... probably in the older thread: https://bitcointalk.org/index.php?topic=720844.0