Cryptocurrency platform Abra reaches settlement with Oregon financial regulators
Cryptocurrency platform Abra and its CEO William Barhydt have reached a settlement with the financial regulatory agency in the state of Oregon, USA. Under the terms of the settlement, Abra will return assets held by Oregon users on the platform and stop issuing unregistered securities in the state. If Abra successfully returns all assets to Oregon customers before April 25th, no fines will be imposed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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