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Coinbase CEO Brian Armstrong retweeted: New Jersey has withdrawn its staking lawsuit against Coinbase and lifted the cease and desist order, allowing users in the state to resume staking services.
Coinbase CEO Brian Armstrong reposted a tweet stating that New Jersey has dropped its staking lawsuit against Coinbase and lifted the cease-and-desist order, allowing users in the state to resume staking services. Armstrong said that Coinbase will continue to fight for and win such cases for its customers, noting that New Jersey users will soon be able to participate in staking again. Previously, users in the state missed out on millions of dollars in staking rewards over the past three years.
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