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New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra

New Jersey Regulators Urge Crypto Investors to Withdraw Funds From AbraNew Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected investors will receive refunds, with crypto assets being converted to U.S. dollars. New Jersey Investors […]

Ethereum core developer departs for AI amid leadership concerns

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto LenderOn July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile, the company also has issues with Vermont’s Department of Financial […]

Ethereum core developer departs for AI amid leadership concerns

Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey

Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New JerseyOn July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general Andrew Bruck also tweeted about the issue and […]

Ethereum core developer departs for AI amid leadership concerns