Crypto lender Abra has been insolvent since March, says Texas regulator
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators. In a June 15 enforcement action — including an emergency cease…
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