Cumberland vs. SEC: Crypto Market Maker Fights Back Against Lawsuit

Chicago-based crypto market maker Cumberland, the latest target of the SEC, is pushing back against the regulator’s allegations. The SEC sued Cumberland on Thursday for allegedly operating as an unregistered dealer and selling over $2 billion in crypto assets. Cumberland responded by refusing to change its business operations and expressing confidence in its compliance framework. The post Cumberland vs. SEC: Crypto Market Maker Fights Back Against Lawsuit appeared first on Coin Edition .