According to BitMEX Research, Tulip Trading Limited has been dissolved as reported on May 21, 2025 (source: BitMEX Research on Twitter). This company, previously linked to contentious legal actions over Bitcoin and blockchain protocol responsibilities, will no longer play an active role in ongoing or future litigation. The termination reduces uncertainty surrounding potential court-mandated changes to Bitcoin’s protocol, which previously caused concern among crypto traders. With Tulip Trading Limited no longer active, traders can expect a decrease in legal volatility risk for major cryptocurrencies, particularly Bitcoin, in the short term (source: BitMEX Research).