Abra

Highlights: Abra settled with the SEC for selling unregistered crypto securities and operating as an unregistered investment company. Abra’s “Earn” program managed $600 million in assets, $500 million from U.S. investors. The SEC’s charges against Abra highlight the ongoing regulatory […]

Highlights: Crypto firm Abra to refund $82.1 million to customers in 25 states as part of a regulatory settlement. CEO Bill Barhydt barred from financial services in these states for five years. Abra halts unlicensed crypto transactions, shifting focus to […]