Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers

June 26, 2024 Leave a Comment

Crypto investment platform Abra and its founder and CEO William “Bill” Barhydt have settled with 25 state financial regulators for operating its mobile application without the proper licenses, according to a Wednesday announcement from the Conference of State Bank Supervisors (CSBS).

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Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers

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