New Judge Assigned In Coinbase SEC Lawsuit

Also Read: Chinese Securities Once Backed the World’s Largest Stablecoin USDT: Bloomberg\

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Meanwhile, the Crypto Market showed very little negative reaction to the back to back lawsuits, amid a prolonged slump in asset prices following the US regional banking crisis news.

Judge Jennifer Rearden Replaced In Coinbase Lawsuit

Judge Jennifer Rearden has been replaced by Judge Katherine Polk Failla in the SEC Coinbase lawsuit, who had previously overseen another crypto lawsuit, involving Tether and Bitfinex. However, there seems to be no particular reason as to why the Judge was replaced, according to MetaLawMan. This past experience is said to be benefiting the new judge as she would be familiar with the crypto terminology. A tweet by the MetaLawMan account said,

“A new judge has been assigned to the SEC Vs Coinbase case in New York federal court, to replace rookie Judge Jennifer Rearden. The new Judge assigned is Katherine Polk Failla.”

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However, there seems to be no particular reason as to why the Judge was replaced, according to MetaLawMan.

Also Read: Rug Pull Alert: List Of Altcoins Celsius Network Will Sell On July 1st

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