Odaily Planet Daily News: New Jersey Attorney General Matthew J.Platkin, the Department of Consumer Affairs and the New Jersey Securities Administration announced on Monday that investors in the state should immediately withdraw funds from Abra, a crypto trading and lending platform. Previously, several U.S. states investigated the company's sale of interest-bearing accounts, which allegedly violated state securities laws. Abra, led by CEO William John "Bill" Barhydt, raised more than $116 million nationwide, including $2.97 million from New Jersey investors. New Jersey regulators detailed that an investigation initiated by the Texas State Securities Board led Abra to gradually shut down its operations in the United States. Cari Fais, Acting Director of the Department of Consumer Affairs, said: "The agreement announced today requires Abra to return the funds it raised through the illegal sale of unregistered securities in our state. These funds belong to New Jersey investors, and we want to ensure that investors get them back." (Bitcoin.com)