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.
Oregon Sen. Wyden accuses President Trump of giving away public lands, claims “so his billionaire buddies can build more data centers that steal your water and drive up energy prices”
Oregon – “Trump is giving away your public lands in Oregon and the West. All so his billionaire buddies can...
Sen. Merkley responds to Supreme Court ruling, warns “it’s just plain scary” after three justices express support for administration’s position on new USPS restrictions for mail-in ballots
Oregon – “Big news from the Supreme Court. Our work continues to protect vote by mail,” Sen. Jeff Merkley said...
Oregon Gov. Kotek draws response from opponent as Republican candidate claims the governor “declined to participate in debate” while accusing her of avoiding a live audience
Oregon – “But YOU declined the debate,” Republican Oregon gubernatorial candidate Christine Drazan said in response to Gov. Tina Kotek...
Structure fire breaks out in Eugene multi-unit residence as crews find flames in first-floor kitchen
Eugene, OR – Eugene Springfield Fire crews responded to a structure fire Sunday morning at a multi-unit residential building in...
Eugene police arrest 47-year-old man months after hit-and-run seriously injured bicyclist, truck owner allegedly reported vehicle stolen to police
Eugene, OR – Eugene police arrested a 47-year-old man Monday in connection with a July hit-and-run crash that seriously injured...
Woman arrested after police say she sat in the middle of the road and attempted to roll in front of a moving vehicle in Eugene
Eugene, OR – Eugene police arrested a 39-year-old woman after she was found sitting in the roadway and allegedly attempted...
34-year-old man charged with assault after two people struck in head with sharpened sticks on Highway 99N
Eugene, OR – Eugene police arrested a 34-year-old man after two people were struck in the head with large sticks...
Oregon Gov. Kotek speaks out after federal judge extended legal block against Postal Service, says President Trump ‘has to follow the law, just like everybody else’
Oregon – “President Trump and the U.S. Postal Service have to follow the law—just like everybody else. This fight is...
Oregon Sen. Merkley takes aim at President Trump after announcement of massive 250-foot arch, accuses him of spending Americans’ tax dollars on a monument to his ego
Oregon – Sen. Jeff Merkley criticized President Donald Trump after the administration announced plans to begin excavation work for a...
Oregon Sen. Wyden says ‘Trump’s obsession with deporting law-abiding students doesn’t make any of us safer’ following death of immigrant in what his family believes was a suicide
Oregon – Ron Wyden is calling for permanent legal protections for immigrants after the death of a 20-year-old Haitian college...
Eugene police rescue 15-year-old after woman allegedly takes teen, leads officers on high-speed chase across Oregon before being arrested in The Dalles
Eugene, OR – Eugene police rescued a 15-year-old teenager after a woman was arrested following a high-speed pursuit that stretched...
-
Eugene1 day ago
Oregon Gov. Kotek draws response from opponent as Republican candidate claims the governor “declined to participate in debate” while accusing her of avoiding a live audience
-
Eugene1 day ago
Sen. Merkley responds to Supreme Court ruling, warns “it’s just plain scary” after three justices express support for administration’s position on new USPS restrictions for mail-in ballots
-
Oregon1 day ago
Oregon Sen. Wyden accuses President Trump of giving away public lands, claims “so his billionaire buddies can build more data centers that steal your water and drive up energy prices”
-
Eugene1 day ago
Woman arrested after police say she sat in the middle of the road and attempted to roll in front of a moving vehicle in Eugene
-
Eugene1 day ago
Eugene police arrest 47-year-old man months after hit-and-run seriously injured bicyclist, truck owner allegedly reported vehicle stolen to police
-
Eugene1 day ago
Structure fire breaks out in Eugene multi-unit residence as crews find flames in first-floor kitchen
-
Eugene1 day ago
34-year-old man charged with assault after two people struck in head with sharpened sticks on Highway 99N