Crypto lender Abra pauses withdrawals as dozens of customers fear their funds are gone – DL News
- Customers say they have been unable to access funds since June.
- The platform claims to manage more than $700 million.
- Abra refunded $82 million to customers in 2024 after US states probed lender.
Customers at Abra, a crypto lender which claims to manage more than $700 million, are raising the alarm after the platform told some users that it has paused withdrawals.
“We want to inform you that Abra Earn international services are currently paused, effective immediately,” a July 19 email shared with DL News said.
“This decision is part of our broader risk management efforts and is also influenced by external circumstances outside of our control.”
It’s not clear what “external circumstances” the firm is referring to. Abra, which…
