“At least as of the date of the interview, parties collectively operating as Abra were or were nearly insolvent,” the filing said. “Notwithstanding the forgoing, Plutus Financial Holdings, Inc., or an affiliate or subsidiary thereof, posted information in an official social media platform that represents: ‘There is no truth that Abra is bankrupt or about to be. It continues to operate normal like it always has throughout multiple bear markets since its launched [sic] back in 2014.'”
Related posts
-
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
One of the biggest roadblocks in converting Latin American investors to concept of crypto, is education... -
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her
The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, the... -
Bitcoin Hits Historic $93,481 as Crypto Economy Surpasses $3 Trillion
Bitcoin (BTC) surged to an all-time high of $93,481 today, marking a milestone as the cryptocurrency...