PANews reported on April 25 that Coinbase called on the remaining five states in the United States to abandon their lawsuits against its pledge services in its official blog. Coinbase said that the U.S. Securities and Exchange Commission (SEC) and five states have withdrawn their lawsuits against Coinbase's pledge services, joining the ranks of its 40 states that do not oppose pledge activities. It's time for the remaining five states to take the same action and stop harming the interests of consumers. In February of this year, the SEC withdrew its lawsuit against Coinbase. In the past month, five states that had followed the SEC's lead in suing-Illinois, Kentucky, South Carolina, Vermont and Alabama-also agreed to abandon their lawsuits. But California, New Jersey, Maryland, Washington and Wisconsin are still taking action to harm the interests of residents in these states. Except for Washington, the remaining states are enforcing business suspension bans, which have caused residents to lose tens of millions of dollars in missed pledge rewards, while also limiting consumer choices and exacerbating regulatory uncertainty. It's time for these states to follow the SEC-and almost all other states-and abandon these unfounded lawsuits.