-
Crypto Lender Abra Is Insolvent, Made Transfers to Binance, State Regulators Say
linkweb3
2023-06-16
3438
Newsletter
AD
-
Summary：Crypto lender Abra has been insolvent or nearly insolvent since the end of March, Texas regulators said Thursday. In an emergency cease and desist order, the Texas State Securities Board alleged that Abra, its related entities and founder William John “Bill” Barhydt committed securities fraud. Abra offered and sold investments in its yield programs Abra Earn and Abra Boost that contained “statements that are materially misleading or otherwise likely to deceive the public,” the regulator said.
Crypto lender Abra has been insolvent or nearly insolvent since the end of March, Texas regulators said Thursday. In an emergency cease and desist order, the Texas State Securities Board alleged that Abra, its related entities and founder William John “Bill” Barhydt committed securities fraud. Abra offered and sold investments in its yield programs Abra Earn and Abra Boost that contained “statements that are materially misleading or otherwise likely to deceive the public,” the regulator said.
Share：Disclaimer：As an open information publishing platform, shilian only represents the author's personal views and has nothing to do with shilian. If the article, picture, audio or video contains infringement, violation or other inappropriate remarks, please provide relevant materials and send it to: 2785592653@qq.com.
Hint：The information provided on this site does not represent any investment suggestion. Investment is risky, and you must be cautious when entering the market.
ShilianFan group：Provide the latest hot news, airdrop candy, red envelopes and other benefits, WeChat: rtt4322.
Recommended article-
-
2471 
AD
