Fox Business reporter Eleanor Terrett posted on the X platform that the legal people he talked to believe that the Securities Exchange Commission is trying to reach a settlement for crypto companies rather than outright dismiss the relevant lawsuits as a way to "justify" spending millions of taxpayer dollars and save a little face. In addition, two Securities Exchange Commission commissioners, Hester Peirce and Mark Uyeda, did tell Coinbase that they were sorry for the inconvenience, which was a real blow to the enforcement system of the Securities Exchange Commission under Gensler and Biden.