A look at Kraken’s motion to dismiss SEC lawsuit

Coinbase’s case is in southern New York, Binance.US is in the Washington area, and Kraken’s is in northern California. Another company named Legit.Exchange filed suit against the SEC in the Northern District of Texas. The chances of four different district judges in four different districts finding an agreement are a bit slim. Assuming the parties involved appeal whatever decision is made, we’re also looking at a few appellate courts to weigh in.