"Cryptocurrency platform Abra, its affiliated companies and CEO William Barhydt have reached a settlement with 25 US states for operating without appropriate licenses. Abra operated an unlicensed mobile application to buy, sell and trade cryptocurrency. According to the agreement, the states will not require a $250,000 fine from each state to offset the cost of refunding customers. All remaining virtual assets will be returned to customers Abra stores in the states participating in the agreement. Let's comment on this incident!#cryptonews#Abra"