Abra held around $13.6 million worth of cryptocurrencies for 12,000 customers, according to the settlement
Following a March 2023 interview with Barhydt, “parties collectively operating as Barhydt” were “collectively insolvent or nearly insolvent”
Abra, a company with aspirations to become the US’ first regulated crypto bank, has taken a hard look at cost-cutting
The digital asset company hopes to offer crypto yields with TradFi safeguards
Citadel Securities reportedly names CEO for its planned crypto-focused platform
The company is looking to hire a head of trading strategies who would focus on building out quantitative crypto trading models
Abra’s round was led by Blockchain Capital and IGNIA.