In a landmark decision on March 27, Judge Katherine Polk Falia largely sided with the SEC in its case against Coinbase, dismissing the exchange's motion to dismiss and paving the way for a trial. While Coinbase’s arguments were acknowledged in one claim, the ruling has stirred the crypto community, hinting at a consequential trial ahead for the U.S. crypto regulation landscape. Despite the initial market unease, industry leaders call for perspective, emphasizing the beginning, not the end, of Coinbase's legal journey. A scheduling plan is expected by April 19, as the case continues to unfold.
