Cryptocurrency platform Abra reaches settlement with Oregon financial regulators

Cryptocurrency platform Abra and its CEO William Barhydt have reached a settlement with the financial regulatory agency in the state of Oregon, USA. Under the terms of the settlement, Abra will return assets held by Oregon users on the platform and stop issuing unregistered securities in the state. If Abra successfully returns all assets to Oregon customers before April 25th, no fines will be imposed.