Eleanor Terrett (@EleanorTerrett): 🚨The outcome of proceedings today will determine whether or not we see another drawn out @Ripple-esque court battle between @coinbase and the @SECGov.…

🚨The outcome of proceedings today will determine whether or not we see another drawn out @Ripple-esque court battle between @coinbase and the @SECGov. As @kkirkbos points out, the threshold for dismissal is high but as @JohnEDeaton1 points out it’s also a rare move for an SDNY… https://twitter.com/kkirkbos/status/1747619301052362989 Quote [@kkirkbos](https://www.twitter.com/kkirkbos/status/1747619301052362989) > I’m seeing a lot of ‘this is for all the marbles’ posts re: #Coinbase. Reminder - if CB doesn’t successfully win on a MTD, this just means the litigation continues. It’s nearly impossible to meet the high standard of dismissal at this point so a ‘loss’ doesn’t rly mean anything.