On November 7th, Coinbase Chief Legal Officer Paul Grewal said recently that he expects "significant changes" to the SEC's cryptocurrency-related cases under the new Trump-nominated chairperson of the Securities Exchange Commission (SEC). "I think the new administration will revisit all cryptocurrency cases brought during Gary Gensler's tenure, distinguishing between obvious scams and non-scams," Grewal told reporters. Although Grewal did not explicitly state that the cases of Coinbase and other companies under investigation for alleged securities violations would be dropped, he seemed optimistic that the change in SEC leadership and the development of clear rules would bring new scrutiny.