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A courtroom scene with a gavel, scales of justice, and cryptocurrency symbols in the background, highlighting the legal battle between SEC and Abra.

US SEC Now Goes After Abra Who Agrees to Settle

The commission filed settled charges against Abra for failing to register its crypto asset lending product, Abra Earn

The US Securities and Exchange Commission has filed settled charges against Abra for failing to register its crypto asset lending product, Abra Earn. The regulator also filed settled charges against Plutus Lending LLC for operating as an unregistered investment company. Abra has agreed to pay the charges.

August 27, 2024 07:02 AM

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