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<ul class="news-points"> 
 <li><strong>Crypto lawyer John Deaton revises estimated likelihood of SEC lawsuit dismissal against Coinbase to 35%.</strong></li> 
 <li><strong>This comes as Judge Katherine Failla’s Uniswap ruling emphasizes regulatory ambiguity.</strong></li> 
 <li><strong>Previously, Coinbase filed a motion to dismiss counters SEC’s lawsuit.</strong></li> 
</ul> 
<p>Renowned crypto lawyer John Deaton has dropped his estimation of the outcome of the regulatory lawsuit against Coinbase. In a recent tweet, Deaton argued there is a 35% chance the judge overseeing the lawsuit between SEC and Coinbase will dismiss the regulator’s suit.</p> 
<p>The lawyer came to this conclusion following Judge Katherine Failla’s dismissal of the SEC’s complaint against Uniswap. Judge Failla also oversees the suit against the U.S.-based crypto exchange, Coinbase.</p> 
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   <p lang="en" dir="ltr">Today on <a href="https://twitter.com/scottmelker?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@scottmelker</a>’s show I said there was a 20-25% chance Judge Faila dismisses the SEC’s complaint (or partially dismisses leaving the staking issue), ruling that Howey is inapplicable regarding secondary sales of digital assets on an<br>Exchange in blind bid/ask transactions.… <a href="https://t.co/irSz1UvSJ9" target="_blank" rel="noopener noreferrer nofollow">https://t.co/irSz1UvSJ9</a></p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1696889610817651022?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 30, 2023</a> 
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<p>In the tweet, Deaton revealed that he earlier projected a 20- 25% chan…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/deaton-35-chance-sec-lawsuit-against-coinbase-will-be-dismissed/">Deaton: 35% Chance SEC Lawsuit Against Coinbase Will Be Dismissed</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Deaton: 35% Chance SEC Lawsuit Against Coinbase Will Be Dismissed

Coin Edition

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