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Posted By: Corey R. Shanus

Which two. As I see it, Jay (1) questioned Leon's character (by saying his posts on Mastro Auctions were influenced by their banner advertiser status) and called him a liar (the undefined REA situation) and (2) was asked to stop saying such things but persisted. I would think (1) falls under "particularly serious level" and (2) falls under "repeated after a warning". So as I see it there are your two. What am I missing?