Abra to Open Withdrawals After Settling with Texas Regulators

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

The agreement, if honored, will dismiss a rash of enforcement actions over Abra’s offering of its Earn and Boost investment products at a time when it was nearly – if not completely – insolvent, according to the TSC. The TSC alleged the products were securities, meaning the registration of both products falls under the agency’s purview.

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