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ZyCrypto 2024-10-10 20:51:31

SEC Sues Crypto Trading Firm Cumberland; Alleges Polygon And Solana Are Securities

The United States Securities and Exchange Commission (SEC) has initiated a lawsuit against Chicago-based crypto maker Cumberland, alleging the company operated as an unregistered securities dealer in handling over $2 billion worth of cryptocurrencies. The charges against Cumberland are the latest move by the SEC to crack down on the fast-growing crypto industry. The regulator

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