Abra was charged by the SEC with issuing securities without registration for at least two years and illegally raising more than $600 million
Crypto trading and lending platform Abra is being sued by the SEC. The U.S. Securities and Exchange Commission (SEC) sued Abra for conducting unregistered offers and sales of crypto-asset securities through its Abra Earn service. The Securities Commission also charged Abra with operating as an unregistered investment company.
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