CandleFocus Breaking: SEC Agrees to Dismiss Coinbase Case. Is Ripple Next?
2025-02-21
Author: Content Editor
The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its litigation against Coinbase, according to CEO Brian Armstrong. This outcome is considered a "total victory" for Coinbase, as there are no fines or charges involved. The news has positively impacted Coinbase's stock, with shares up by over 4% in pre-market trading. Additionally, there is speculation that the SEC's appeal against Ripple may also be dismissed. Bitcoin has also experienced gains, surpassing the $99,000 level.
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