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.
The move is a further confirmation of the derscores his long-standing support for cryptocurrency