Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases

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Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stocks and ETFsAbra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands of stock and ETF purchases in the U.S. to hedge the contracts.” Abra Crypto […]

The post Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases appeared first on Bitcoin News.

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