The SEC is set to drop its lawsuit against Coinbase, but Ripple's legal battle appears to be more complex. Fox Business reporter Eleanor Terrett states that the complexity arises because Ripple already has a $125M penalty order from Judge Torres at the district level.
The case for Ripple will continue under Judge Torres' oversight until August 7, 2025. While Coinbase may find relief, Ripple's struggle with legal proceedings underscores the regulatory challenges that some blockchain companies face.