🚀 Attention crypto-investors! Abra, a cryptocurrency lending firm, reached an agreement with the Texas State Securities Board to return the assets invested by its citizens. The company, accused of fraud and reportedly insolvent since March 2023, will begin notifying its clients with balances greater than $10 to withdraw their assets in 7 days. Unclaimed assets will be converted to fiat currency and directed to remaining Texas investors. What do you think of this agreement? Comment below! 💬

- Abra is a group of companies controlled by crypto entrepreneur Bill Barhydt.

- The brand offered Abra Earn and Abra Boost, promising interest on digital asset deposits.

- The Texas Securities Board issued an emergency cease and desist order in June 2023.

- Under the agreement, Abra held $13.6 million in crypto for more than 12,000 US investors, with $1.8 million belonging to approximately 1,600 Texas residents.