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U.S. SEC Settles With Abra Over Unregistered Sales of Securities

The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

Updated Aug 27, 2024, 3:30 p.m. Published Aug 26, 2024, 7:07 p.m.
SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)
SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)