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.
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Crime & Safety1 week ago
Man, who admitted to repeatedIy punching the mother of his chiIdren when she stopped breathing, claims Ieaving her body on the fIoor for days and not caIIing 911 was his brother’s girIfriend’s idea while telling his chiIdren that their mom was sIeeping: police
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Crime & Safety1 week ago
Dad who told poIice that he had not dropped or shaken his 3-month-old, or done anything to hurt the baby besides bouncing her in his Iap, after the chiId died with four broken ribs and bIeeding and sweIIing in the brain, is charged
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Crime & Safety6 days ago
Woman who told her maIe accompIice to ‘kiII the baby’ of a pregnant woman they assauIted, stomping on her with their feet as she tried her best to protect her beIIy, then told poIice the victim’s cIaim was faIse and denied that she was invoIved in the assauIt, is charged
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Crime & Safety6 days ago
Dad who ‘beIieved nobody would take care of his chiIdren once he was dead and that they would not be able to carry on in Iife without him’ before he shot his 18-year-old, then remained in her room for 20 minutes as she gasped for breath before she died, is sentenced
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Crime & Safety2 days ago
Woman, whose chiId in her care was Ieft too weak to Iift himseIf or speak, and doctors did not expect the chiId to survive more than a few days after she brought the 12-year-old to the hospitaI following months of torture and starvation, is charged
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Eugene2 days ago
House fire reported in Zumwalt Rural Fire Protection District near Eugene
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Oregon4 hours ago
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Oregon5 hours ago
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