for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Westlaw News

Cryptocurrency app maker Abra to pay $300K in SEC, CFTC settlements

Abra, a California-based cryptocurrency investment app company, and its Philippines-based partner have agreed to pay a total of $300,000 to settle U.S. regulators’ claims of selling unregistered swap contracts.

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission announced the separate $150,000 settlements with Abra and Plutus Technologies Philippines Corp on Monday.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2ZqqW1Q

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up