Well their entire careers is to endlessly scream the complete destruction of all cryptocurrencies, which is simply not going to happen. It's all about the rolling out of the FedNow rails, to place their own CBDCs there.

Overall, this outrage (and the article) is nothing short of wanton alarmism and sensationalisation of the situation. Not a mention of the Ripple Labs vs. SEC case which in the latest of the case the SEC attempted to request the sealing of documents on Hinman's speech in 2018 which that request was denied [0] and will benefit Ripple's case against the SEC's internal decision making of the matter which is also relevant to the current Coinbase vs. SEC litigation.

China on the other hand is now doing the exact opposite. [1]

[0] https://www.dropbox.com/s/c3mfvibgxig0vrx/Decision%20Denying...

[1] https://www.ubs.com/global/en/media/display-page-ndp/en-2023...