Summary
TLDR: Multiple cryptocurrency exchanges are facing legal battles in different districts, making it unlikely for a consensus to be reached. Appeals courts will also have to weigh in on the rulings.
Key Points
1. The Coinbase case is in the Southern District of New York, Binance.US is in the District of Washington, and Kraken is in the Northern District of California.
2. Another company, Legit.Exchange, has filed suit against the SEC in the Northern District of Texas.
3. The chances of four different district judges in four different districts finding a consensus is slim, and assuming the parties involved appeal, multiple appeals courts will weigh in on the matter.