News Explorer — SEC Charges Crypto Trading Firm Cumberland

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Oct 10, 5:09 pm

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SEC Charges Crypto Trading Firm Cumberland

Cumberland DRW, a Chicago-based crypto trading firm, faces SEC charges for operating as an unregistered dealer in handling over $2 billion worth of crypto assets. The SEC complaint lists Solana, Polygon, Cosmos, Algorand, and Filecoin as securities, with more assets possibly involved.

Cumberland DRW, a Chicago-based crypto trading firm, faces SEC charges for operating as an unregistered dealer in handling over $2 billion worth of crypto assets. The SEC complaint lists Solana, Polygon, Cosmos, Algorand, and Filecoin as securities, with more assets possibly involved.

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