Coinbase filed a narrow action in the US Circuit Court to compel the SEC to respond, yes or no. All they want is a simple yes or no on their rulemaking petition from last July. They are suing them for not doing that, their job, and a reasonable amount of time. The case will move fast; unlike the ripple case, this will begins in the appellate court,. This action does not necessarily affect the SEC's timing for suing Coinbase as it has threatened to do.