**News Flash: Abra Settles with SEC Over Unregistered Securities**

Crypto platform Abra has agreed to a settlement with the SEC over accusations of selling unregistered securities through its Abra Earn product. The SEC claims Abra amassed nearly $500 million from U.S. investors without proper registration. 🚨

- **Background**: Abra Earn promised high returns on customer assets starting in 2020.

- **Settlement Details**: Abra will comply with U.S. securities-registration rules and face civil penalties.

- **Previous Actions**: Abra has already settled with 25 states and agreed to return up to $82M to U.S. customers.

What are your thoughts on this settlement? Share in the comments!