South Carolina dismisses the staking lawsuit against Coinbase

ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal stated on the X platform that South Carolina has followed Vermont in withdrawing its lawsuit against Coinbase's staking services, which will be restored soon. He noted that this case resulted in South Carolina users losing approximately $2 million in staking rewards and emphasized that American consumers should have clear regulations and protections. He thanked South Carolina Attorney General Alan Wilson for pushing to resolve this matter and hopes other states will follow suit.