🔥🔥Big Blockchain Event! Paul Grewal, Chief Legal Officer of Coinbase, recently posted on the X platform that he had submitted a motion to Judge Katherine Polk Failla, seeking an appellate review of the SEC's case against Coinbase. 🔍🔍

The motion cited Judge Jackson's ruling in SEC v. Binance, which rejected the SEC's claim that secondary market transactions of BNB tokens on Binance were investment contracts. The SEC has filed similar charges of unregistered securities sales against Coinbase. 😮😮

Paul Grewal said that the result of the US SEC's focus on litigation is that crypto market participants face different rules in different courts. This undoubtedly adds a new variable to the global blockchain regulatory dynamics. 🔮🔮

Bitcoin enthusiasts, let's follow the development of this case together and see how it will affect our beloved Bitcoin! 💪💪