After the Securities Exchange Commission (SEC) sued Cumberland, a large digital asset market maker, Cumberland responded in a post: "We will not make any changes to our business operations or assets that provide liquidity as a result of this SEC action."
Previously, the SEC sued Cumberland DRW, accusing it of operating as an unregistered securities dealer.
Cumberland Responds to SEC Charges: Will Not Make Any Changes to Business Operations Due to Litigation Action
2024-10-10 20:32:29
US securities exchange commission sec prosecution large digital assetsdesk3cryptocurrencydesktopCrypto News
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