A federal judge found the SEC has jurisdiction over crypto and is sending Coinbase’s case to a jury trial [1].
[1] https://www.cnbc.com/2024/03/27/sec-scores-big-win-in-lawsui...
Every ruling in the lower courts on these issues will be narrow. The SEC has been on a winning streak recently. The only major kerfuffle was the judge not ruling that XRP is a security, though Torres still ruled in the SEC's favour broadly, and the ruling has been widely criticised (not by industry people, but senior lawyers) for being likely to be overturned on appeal.