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SEC Abandons Cumberland DRW Suit: Ripple Case Next?

Coinedition LogoCoinedition1d ago

SEC Abandons Cumberland DRW Suit: Ripple Case Next? - Coinedition

Quick Summary:

Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, a crypto trading firm.  This development follows the SEC’s recent dismissal of its lawsuit against the crypto exchange Kraken, coming 15 months after filing charges of unregistered broker-dealer operations.  SEC Drops Unregistered Securities Dealer Allegations The SEC initially […]

The post SEC Abandons Cumberland DRW Suit: Ripple Case Next? appeared first on Coin Edition.

The SEC initially sued Cumberland DRW in October 2024, alleging the firm operated as an unregistered securities dealer.

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 07:00:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 107 words

Reading Time: 1 minutes read

Sentences: 46 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 26678211

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 25 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "SEC Abandons Cumberland DRW Suit: Ripple Case Next?" has 107 words across 46 sentences, which will take approximately 1 minutes for the average person to read.

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The story "SEC Abandons Cumberland DRW Suit: Ripple Case Next?" was covered 1 days ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 25 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26678211
  • URL: https://chronographically.beamstart.com/news/sec-abandons-cumberland-drw-suit-17411743049370

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