New Jersey Attorney General Matthew J. Platkin, the Department of Consumer Affairs, and the New Jersey Securities Authority announced Monday that investors in the state should immediately withdraw funds from crypto trading and lending platform Abra.
The move follows state investigations into the company's sale of interest-bearing accounts, which allegedly violated state securities laws. "The agreement announced today requires Abra to return money it raised through the illegal sale of unregistered securities in our state," said Cari Fais, acting director of consumer affairs. "These funds belong to New Jersey investors and we want to make sure investors get them back."
New Jersey regulators are urging cryptocurrency investors to withdraw funds from Abra
2024-08-13 00:55:47
13 news new jersey attorney general matthew platkin consumer department of affairsdesk3cryptocurrencydesktopCrypto News
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