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 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...
54-year-old man rescued after falling in remote rocky area, Coast Guard helicopter forced to abort evacuation due to lightning
Eugene, OR – A 54-year-old man was rescued after falling in a remote rocky area of Oregon’s Upper McKenzie region,...
80-year-old woman taken into custody after allegedly holding a gun under her family member’s chin before striking him twice with the barrel
Oregon – At 4:11 p.m. on Sept. 6, EPD officers responded to a home on Ivy Glen Drive after an...
Eugene Springfield Fire responds to South Eugene house fire after smoke reported from roof
Eugene, OR – At 12:38 p.m., Eugene Springfield Fire was dispatched to a South Eugene residence on 24th Place after...
31-year-old woman arrested for DUII after falling asleep behind wheel, police find fentanyl and methamphetamine in vehicle
Eugene, OR – Eugene police arrested a woman after she was reportedly found asleep behind the wheel of a running...
Man arrested after causing disturbance and trying to bypass TSA checkpoint at Eugene Airport
Eugene, OR – Eugene police arrested an Iowa man after he caused a disturbance at Eugene Airport and allegedly attempted...
Parents arrested after leaving two 16-year-old teens on side of I-105 following verbal dispute involving girl’s boyfriend
Eugene, OR – Eugene police arrested two parents after they allegedly left two 16-year-old teenagers on the side of I-105...
Oregon Sen. Jeff Merkley fires back at President Trump’s mail-in voting push as whistleblower warns new USPS system could reject entire batches of ballots
Oregon – Sen. Jeff Merkley announced he would fight to protect vote by mail after a whistleblower raised concerns about...
-
Oregon6 days ago
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’
-
Eugene6 days ago
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
-
Eugene1 week ago
Parents arrested after leaving two 16-year-old teens on side of I-105 following verbal dispute involving girl’s boyfriend
-
Eugene6 days ago
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
-
Oregon7 days ago
80-year-old woman taken into custody after allegedly holding a gun under her family member’s chin before striking him twice with the barrel
-
Eugene1 week ago
Man arrested after causing disturbance and trying to bypass TSA checkpoint at Eugene Airport
-
Eugene1 week ago
Eugene Springfield Fire responds to South Eugene house fire after smoke reported from roof
-
Eugene1 week ago
31-year-old woman arrested for DUII after falling asleep behind wheel, police find fentanyl and methamphetamine in vehicle