Key Highlights:

• Coinbase CEO Brian Armstrong announces imminent dismissal of SEC lawsuit with no fines or changes to operations.

• Ripple supporters speculate if the SEC’s sudden change in stance could lead to the end of Ripple’s lawsuit.

In a twist more dramatic than a soap opera season finale, Coinbase CEO Brian Armstrong declared today that the ongoing battle with the SEC is nearing its end. 

After years of expensive litigation, which Armstrong described as “irreparable harm done to the country,” the SEC staff has agreed to dismiss its lawsuit against Coinbase—without fines, penalties, or any changes to Coinbase’s operations. The official green light is pending, but Armstrong confidently stated he expects a full dismissal next week.

In classic Armstrong style, he didn’t hold back, crediting the end of this regulatory nightmare to President Trump’s return to office in 2024 and the departure of former SEC Chair Gary Gensler—whom he described as an “activist” pushing unlawful actions.

Is Ripple’s Lawsuit Next on the Chopping Block?

The news has sent a shockwave of hope through the XRP community. Ripple’s lawsuit has dragged on since December 2020, making it one of the longest-running SEC crypto sagas. With Coinbase and Binance seeing sudden favorable turnarounds, Ripple supporters are eager to know if they’re next.

Unfortunately, optimism might be premature. Despite Ripple scoring several key victories, the SEC has yet to signal any retreat. Nevertheless, today’s developments show how quickly the winds of regulatory change can blow, especially under new political leadership.

MCP Private Insights: Is This a Genuine Turnaround or a Classic Liquidity Trap?

While mainstream sentiment is bullish and crypto Twitter celebrates, our MCP Private team is watching closely. The SEC’s sudden about-face may seem like a victory, but we know better than to follow the crowd blindly. Could this be a genuine regulatory thaw, or a temporary reprieve before another crackdown? Our expert traders inside ParadiseFamilyVIP are dissecting the true implications and preparing potential trade moves.

Remember when mainstream traders cheered prematurely during similar news cycles, only to be trapped when sentiment flipped? In contrast, MCP members profited by staying one step ahead, interpreting events correctly, not emotionally.

For insider news and analysis that reveals how these events truly move markets, join MCP News Private. We share the same insights that guide our personal trades. Why just read the news when you can trade it? Get the edge you need:

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