Very good news.
https://twitter.com/SatoshiLite/status/873343321296429056
And timely!
"Since the Litecoin ecosystem is yearning for growth and the ability to be more competitive with other cryptocurrencies, Lee’s entrance back onto the scene is an extraordinary event. It is perfect timing. This is especially true since Segwit use is currently being tested." - https://news.bitcoin.com/charlie-lee-resigns-from-coinbase-to-focus-on-litecoin/
For those speculating just what this might mean for Litecoin, an executive summary of his time at Coinbase might give us a very good idea.
"During his career at Coinbase, Lee led the Coinbase development team to innovate and improve the efficiency, flexibility and functionality of the wallet platform and digital currency exchange. The efforts of Lee and his team at Coinbase allowed Coinbase to secure 7.7 million customers, which officially made Coinbase the second largest bitcoin wallet platform behind Blockchain.
Over the past few years, Coinbase has processed over $6 billion worth of digital currency trades across 32 countries it supports. Most recently, Coinbase became the first company within the cryptocurrency market to reach a billion dollar valuation." - https://www.cryptocoinsnews.com/charlie-lee-ends-his-coinbase-career-to-focus-on-litecoin-development/