News with the tag "abra"

XRP , the native token of the XRP Ledger network closely related to Ripple, surged to a six-year high on Wednesday as bitcoin ( BTC ) rallied to $100,000, with traders encouraged by this morning's highly-anticipated U.S. CPI inflation data report. The token briefly topped $3 during early U.S. tradin...

AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors.

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 retai...

The US Securities and Exchange Commission (SEC) has reached a settlement with crypto lending platform Abra following allegations that the startup sold unregistered securities to consumers and operated as an unregistered investment company. Plutus Lending, the entity behind Abra, has agreed to the se...

The SEC charged crypto company Abra, operated by Plutus Lending LLC, for offering unregistered securities through its lending product. Abra agreed to settle the charges without admitting or denying wrongdoing and faces potential civil penalties. The U.S. Securities and Exchange Commission (SEC) has ...

The US SEC announced Monday that crypto lender Abra has settled charges related to improperly marketing Abra Earn to customers without registering it as a security. The post SEC Reaches Settlement with Abra Over Unregistered Crypto Securities Offering appeared first on Cryptonews .

The SEC charged crypto company Abra, operated by Plutus Lending LLC, for offering unregistered securities through its lending product.

Abra, operating under Plutus Lending LLC, just got busted by America’s SEC for not playing by the rules with its crypto lending product, Abra Earn. The SEC hit Abra with settled charges for not registering its offer and sale of Abra Earn. The SEC also says Abra was running as an unregistered investm...

The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, furthe...

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.