According to recent reports, New Jersey Attorney General Matthew J. Platkin, the Division of Consumer Affairs, and the New Jersey Securities Division have jointly issued a statement advising state residents to immediately withdraw their funds from the Abra platform. Prior to this, Abra was under investigation by multiple states in the US for allegedly selling interest-bearing accounts without registration. Acting Director of the Division of Consumer Affairs, Cari Fais, emphasized that the agreement aims to compel Abra to return the funds it raised through the unlawful sale of unregistered securities in New Jersey, ensuring that investor rights are safeguarded.