Oregon
The Oregon Division of Financial Regulation has reached a settlement agreement in principle with a cryptocurrency asset platform for violating state securities regulations
Eugene, OR – According to the state officials, the group of affiliated companies – Plutus Financial Holdings, Plutus Financial, Plutus Lending and Abra Boost – offered and sold interest-bearing cryptocurrency depository products referred to as Abra Boost and Abra Earn.
State officials also said that as part of the settlement, the companies are required to notify all Oregon consumers with open accounts containing crypto assets with the companies that they are winding down U.S. operations and to encourage consumers to move any remaining crypto assets from the platform.
Consumers have at least seven days from the date they receive notice to remove their assets from the Abra platform.
Assets remaining after that date with a value of $10 or more will be converted to fiat and a check or other instrument will be sent directly to the consumer’s last known address.
In Oregon, 167 residents still have cryptocurrencies on the Abra platform valued at about $32,387.14.
-
Crime & Safety5 days agoMan who was seen repeatedIy hitting a 3-year-old with a cIosed fist before asking if he was going to stop pIaying, then cIaimed he wanted to discipIine the chiId because he would not work on his aIphabet, is charged
-
Crime & Safety3 days agoWoman threw boiIing Iiquid on 2-year-old and another chiId after entering their room, causing severe injuries throughout their bodies after becoming angry at the chiIdren for an unknown reason: police
-
Crime & Safety5 days agoWoman who told poIice that she tried to kiII a 1-year-old by sitting on the baby while without cIothes under her waist, because she hoped that kiIIing the chiId would prompt an aduIt present in the home to kiII her, is charged
-
Eugene1 week agoMan arrested for DUII and reckless driving after incident on Harlow Road
-
Crime & Safety3 days agoMan cIaims he was high when he kiIIed the man Iiving with him right after teIIing the victim that ‘he was going to hurt some peopIe if a femaIe person they both knew was not aIright’, then pIaced the firearm in the victim’s hand in an attempt to make the death appear self-infIicted: DA
-
Eugene1 week agoFire crews rescue man trapped along Willamette River diversion
-
Eugene1 day agoArmed man dies after shooting himself in St. Vincent de Paul parking lot
-
Uncategorized1 week agoEugene Springfield Fire hosts first paramedic study hall
