Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers
![Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers](/img/bitcoin.jpg)
Crypto investment platform Abra and its founder and CEO William “Bill” Barhydt have settled with 25 state financial regulators for operating its mobile application without the proper licenses, according to a Wednesday announcement from the Conference of State Bank Supervisors (CSBS).