Coinnounce
2020-07-14 08:08:12

Abra Crypto Wallet fined $300,000 by the SEC and CFTC for offering unregistered Stock Swaps.

The US Securities Exchange Commission and the Commodity Futures Trading Commission have charged Abra Crypto Wallet with offering unregistered investment contracts and violating securities regulations. The crypto wallet and its partner company will jointly pay $300,000 in penalties to the SEC and CFTC. However, Abra will continue to operate as a standard cryptocurrency wallet. Unlike […]

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