Michael A. Mora

“We live in an era in which technology or AI has poured kerosene into traditional fraud schemes,” said Seth Goertz, a partner at Dorsey & Whitney and former Justice Department attorney.

“We live in an era in which technology or AI has poured kerosene into traditional fraud schemes,” said Seth Goertz, a partner at Dorsey & Whitney and former Justice Department attorney.

"We remain confident that we are right on the facts and the law, and we are prepared to fight this misguided lawsuit,” said Paul Grewal, the chief legal officer of Coinbase.

"We remain confident that we are right on the facts and the law, and we are prepared to fight this misguided lawsuit,” said Paul Grewal, the chief legal officer of Coinbase.

“The complaint asks the court to classify stake‑based meme tokens as securities and to appoint a receiver over Meteora, steps that could influence

“The complaint asks the court to classify stake‑based meme tokens as securities and to appoint a receiver over Meteora, steps that could influence how any new celebrity or political token is brought to market on Solana,” said Max Burwick of Burwick Law.

"More broadly, the stay is consistent with the [Commodity Futures Trading Commission's] current policy of not pursuing purely regulatory violations

"More broadly, the stay is consistent with the [Commodity Futures Trading Commission's] current policy of not pursuing purely regulatory violations under the Commodity Exchange Act without evidence of willful disregard," said Lene Powell, a senior legal analyst at Wolters Kluwer Legal & Regulatory U.S.

"This case is a step in the right direction and underscores that just because a cryptocurrency is involved, the [U.S. Securities and Exchange Commission] is not going to shy away from protecting investors," said Daren H. Firestone, a former federal prosecutor who is now a partner at Levy Firestone Muse, where he represents whistleblowers in the cryptocurrency industry.

“In the Nike case, the plaintiffs' allegations of an unregistered securities violation and deceptive practices might not have had the same outcome had the lawsuit been filed before this shift in policy,” said Nicolle Lafosse, a digital asset attorney at the international law firm Diaz Reus.