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CoinGape 2024-10-10 17:45:44

US SEC Charges Cumberland DRW With $2B Unregistered Crypto Sales

The U.S. Securities and Exchange Commission (SEC) has charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in the crypto asset market. The SEC alleges that the company traded more than $2 billion in crypto assets, which were offered and sold as securities, without proper registration. The complaint claims that Cumberland violated federal The post US SEC Charges Cumberland DRW With $2B Unregistered Crypto Sales appeared first on CoinGape .

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