, Ripple's chief legal officer, believes that Coinbase's legal battle with the US Securities and Exchange Commission is far from being over. "A quick knockout punch would have been nice, but at the end of the day, the wheels of justice move slowly, eventually siding with the good guys," Alderoty wrote on the X social media profile.
Coinbase CEO Brian Armstrong has stated that his company will continue fighting. He has also framed the ruling by U.S. District Court Judge Katherine Polk Failla as a"great win for self-custodial wallets" since she dismissed the SEC's claims about Coinbase's Wallet app acting as an unregistered broker.
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