Crypto Exchange Abra Settles With SEC Over Unregistered Securities Allegations

The crypto exchange Abra has settled with the U.S. Securities and Exchange Commission (SEC) for a yet-to-be-determined amount over charges stemming from alleged unregistered investment offerings. The SEC specifically accused Abra’s parent company, Plutus Lending LLC, of failing to register its retail crypto asset lending product, Abra Earn. Abra settled the SEC’s charges without admitting... source: https://dailyhodl.com/2024/08/28/crypto-exchange-abra-settles-with-sec-over-unregistered-securities-allegations/