Abra to Return Money to Texas Regulator as Part of Settlement

Abra to Return Money to Texas Regulator as Part of Settlement

Texas State Securities Board (TSSB) and Abra, a cryptocurrency lending company purportedly insolvent since March 2023, have reached a preliminary settlement. The organization shall reimburse funds contributed by residents of the state. The TSSB issued the final confirmation of the settlement on January 22. As per the document, Abra has initiated the process of “winding […]