U.S. SEC Settles with Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.

Source: https://www.coindesk.com/policy/2024/08/26/us-sec-settles-with-abra-over-unregistered-sales-of-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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