The announcement of the potential dismissal of the lawsuit against Coinbase sparked a wave of reactions in the crypto community. Many wonder if Ripple's case will soon follow.
Crypto Community Reaction
The crypto sector was pleasantly surprised by the news that the SEC might dismiss the lawsuit against Coinbase. This has raised hopes for the resolution of other crypto-related cases, including Ripple's.
Ripple Case Predictions
Former SEC official John Reed Stark predicted that the Ripple case might also be dismissed soon. Lawyer and XRP enthusiast Jeremy Hogan believes a resolution could occur by April or May.
What's Next for Ripple?
Discussions in the crypto community are focusing on the future developments in Ripple's case. Eleanor Terrett from Fox Business noted that Ripple's case might be more complex due to an existing order from Judge Torres concerning a penalty.
While the crypto community remains optimistic about the SEC's policy shifts, it is still uncertain how they will proceed with Ripple's case.
