The post Coinbase Vs SEC Update :4 Possible Outcomes On Jan 17th Hearing appeared first on Coinpedia Fintech News
The cryptocurrency community eagerly awaits the SEC v. Coinbase hearing on January 17, where the court will address Coinbase’s Motion for Judgment on the Pleadings. Legal analyst, James Murphy, who popularly goes by the name ‘MetaLawMan‘ on social media platform X, shares insights into possible outcomes shaping this pivotal moment for Coinbase.
SEC v. @Coinbase, Update
The hearing on Coinbase’s Motion for Judgment on the Pleadings will be held on Wednesday, Jan 17.
There are four possible outcomes, with potential permutations to each.
— MetaLawMan (@MetaLawMan) January 13, 2024
Option 1: Denial of Coinbase Motion
If the judge denies Coinbase’s motion, the SEC’s low bar for plausibility would be met, leading to a continuation of the case into a lengthy discovery phase, similar to the situation with Ripple.
Option 2: Granting Coinbase’s Motion “with Pre
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