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Cumberland

SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading...

Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland

Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.

SEC Targets Crypto Trading Firm Cumberland in Latest Lawsuit Over Unregistered Securities

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Chicago-based crypto market maker Cumberland DRW, accusing the firm of operating as...

SEC Sues Crypto Market Maker Cumberland DRW

As one example, the SEC alleged, Cumberland promoted ATOM through, "An email sent to counterparties on February 20, 2023 stated: 'At the moment, one...

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