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Tuesday, 27 August 2024

Crypto platform Abra agrees to settle with the SEC over claims of unregistered securities; the SEC said the Abra Earn product had almost $500M from US investors (Jesse Hamilton/CoinDesk)

Jesse Hamilton / CoinDesk:
Crypto platform Abra agrees to settle with the SEC over claims of unregistered securities; the SEC said the Abra Earn product had almost $500M from US investors  —  The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...