🇺🇸 SEC will drop $2 billion lawsuit against Cumberland 😃 Cumberland DRW announced that it is preparing an agreement with the SEC to end the lawsuit against it. In October 2024, the SEC charged the company with operating as an unregistered dealer since 2018. ✅ According to the SEC, five tokens that Cumberland traded - Polygon, Solana, Cosmos, Algorand and Filecoin - qualify as securities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🇺🇸 SEC will drop $2 billion lawsuit against Cumberland 😃 Cumberland DRW announced that it is preparing an agreement with the SEC to end the lawsuit against it. In October 2024, the SEC charged the company with operating as an unregistered dealer since 2018. ✅ According to the SEC, five tokens that Cumberland traded - Polygon, Solana, Cosmos, Algorand and Filecoin - qualify as securities.