SEC goes after Cumberland, Tether’s biggest customer

Quick Summary:

Cumberland cries foul over the accusation that it operates as an unregistered dealer, saying it won't cave into the SEC's attempt to stifle innovation and prevent it from engaging in digital assets.

The post SEC goes after Cumberland, Tether’s biggest customer appeared first on CoinGeek.

Securities and Exchange Commission (SEC) announced the filing of a civil complaint against Cumberland DRW LLC in the U.S.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaCuba

Topics: USDT Business Stablecoins Tether Crypto Crime Cartel Department of Justice Securities and Exchange Commission United States

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 11:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1729 words

Reading Time: 10 minutes read

Sentences: 62 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23074400

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