Coinbase CEO: Currently, there are still 5 states suing Coinbase over its staking services, with Maryland losing $8 million in rewards

2025-12-10 10:06:41

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Coinbase CEO Brian Armstrong tweeted that at the beginning of the year, ten states had filed lawsuits against Coinbase's staking services, and now only five states remain in litigation. Maryland is one of the few states that has completely banned Coinbase's staking services. As a result, residents of Maryland have lost approximately $8 million in rewards, and the losses continue to grow.

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