Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

July 12, 2025

Caldera launches ERA token along with community airdrop

July 12, 2025

GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

July 12, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    5 Free Metrics Every Bitcoin Investor Needs

    July 12, 2025

    BitcoinTalk User Turns $500 to $10M After Unlocking 2012 Bitcoin Bar

    July 12, 2025

    Crypto Analyst Says Solana Rival on Cusp of Breakout, Updates Outlook on Bitcoin and Ethereum

    July 12, 2025

    BlackRock’s ETHA Books Record Inflow as ETFs Attract $700M This Week

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025

    Ethereum Price Breaks $2,700 for First Time in Weeks, Altcoin Rally Ahead?

    July 12, 2025

    Ethereum ETFs’ weekly netflows hit $703M, but is $4000 coming up next?

    July 12, 2025

    Trader Outlines Catalysts That Could Trigger 350% Bitcoin Rally, Updates Outlook on Ethereum and Avalanche

    July 12, 2025

    BNB crypto soars: How $1B burn and record DEX volume impact prices

    July 12, 2025

    Why The Solana Price Could Crash To $95 Before Reaching $200

    July 12, 2025

    Decoding Injective’s breakout: Can INJ bulls target $14 and beyond?

    July 12, 2025

    XRP Price Rallies 10%, Yet 2,000 Traders FOMO This AI Presale

    July 12, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025
  • DeFi

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    Grayscale adds 28 new tokens to Assets Under Consideration

    July 12, 2025

    Europe’s securities watchdog warns crypto firms against using their MiCA status as promo tool

    July 12, 2025

    GMX hacker returns stolen funds after bounty negotiation 

    July 12, 2025

    Opyn’s top minds defect to Coinbase in strategic shift toward onchain derivatives

    July 11, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bluwhale AI and CDARI Form a Big Partnership to Revolutionize Web3 Commerce

    July 12, 2025

    Key Crypto Trade Groups Call For CLARITY Act’s Passage

    July 12, 2025

    AI has no future without blockchain technology

    July 12, 2025

    Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

    July 11, 2025

    Scam targets dormant Bitcoin wallets with fake legal notice

    July 9, 2025

    North Korean Hackers Target Crypto Firms with Novel macOS Malware

    July 3, 2025

    Crypto firms paid $2.7M monthly to North Korean workers

    July 3, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Unstoppable Integrates Saw.com Domain Brokerage Services

    July 12, 2025

    LendTech Market Set for Explosive Growth, Driven by Digital Transformation and AI

    July 12, 2025

    Unstoppable Domains and Identity Digital Partner to Drop 40,000 Free Web2 Domains to Web3 Domainers

    July 12, 2025

    Best Crypto Casino Review Websites for Bitcoin & No-KYC Gamblers in 2025

    July 12, 2025

    The Real Lifestyle and WILDGO Partner to Transform Tokenized Real Estate

    July 12, 2025

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    July 11, 2025

    ChatGPT vs X: Who Sees Crypto Narratives First?

    July 10, 2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    July 10, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme

    July 12, 2025

    HMRC to Require Crypto User IDs for Tax Starting 2026

    July 12, 2025

    Judge Recommends Dropping Logan Paul’s Ex-Assistant From ‘CryptoZoo’ Lawsuit

    July 12, 2025

    Grayscale’s legal team challenges SEC over missed ETF deadline

    July 12, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Bitcoin treasury adoption up 3x YoY, corporates accumulated 725,000 BTC so far

    July 11, 2025

    Circle’s USDC aims for China breakthrough with Ant Group alliance

    July 10, 2025

    SharpLink stock continues surging as treasury tops 200k Ethereum

    July 10, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025
  • Analysis

    AltSeason Incoming? Open Interest in These Altcoins Nears $1B Milestone—What’s Next?

    July 12, 2025

    Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

    July 12, 2025

    Is SOL Price Overbought or Breaking Out? Experts’ Analysis and Insights

    July 12, 2025

    Binance Helped Trump-Linked Crypto Firm Before Founder Changpeng Zhao Sought Pardon: Report

    July 12, 2025

    Omni Network Price Skyrockets 164%, Should You Buy Now?

    July 11, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Tokenization?

    July 11, 2025

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Binance allegedly wrote the code for WLFI’s stablecoin USD1

    July 12, 2025

    Trump crypto holdings edge higher as WLFI pushes for open trading

    July 12, 2025

    Coinbase partners with Perplexity for real-time crypto insights via AI

    July 11, 2025

    Rumble teams up with MoonPay to power crypto-fiat wallet integration

    July 11, 2025

    Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

    July 12, 2025

    Caldera launches ERA token along with community airdrop

    July 12, 2025

    GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

    July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    July 12, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Taxes & Regulation»SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says
Taxes & Regulation

SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

March 8, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission Drops Enforcement Case Against Cumberland DRW

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday announcement from the company.

Background of the Case

The SEC sued Cumberland DRW last October, accusing the firm of acting as an unregistered securities dealer and alleging it sold more than $2 billion in unregistered securities. Tokens like Polygon (POL), Solana (SOL), Cosmos (ATOM), Algorand (ALGO), and Filecoin (FIL) were named as a “non-exhaustive” list of tokens considered to be securities by the agency.

At the time of the lawsuit, Cumberland DRW and its CEO Don Wilson vowed to fight the charges. Wilson criticized the lack of regulatory clarity for crypto companies under then-Chair Gary Gensler, stating that it allowed the SEC to selectively target firms.

Change in Leadership and Decision

Under the new leadership of Acting Chair Mark Uyeda, the SEC has made a complete reversal in its approach. The decision to drop the suit against Cumberland DRW is part of a trend where the SEC has abandoned multiple lawsuits and closed probes into various crypto companies.

Just like its agreements with other firms, the SEC’s decision to drop the case against Cumberland DRW is subject to approval from the majority of the three commissioners on the panel. The Commission recently voted to drop its case against Coinbase.

Future Outlook

“As a firm deeply committed to integrity and transparency, we look forward to continuing our dialogue with the SEC to shape a future where technological advancements and regulatory clarity coexist, ensuring the U.S. remains a leader in global financial innovation,” Cumberland stated in its announcement.

See also  Legal Expert Reveals Why the SEC vs Ripple Case Should Still Be Relevant to XRP Investors

A representative for Cumberland DRW declined to provide further comment beyond the firm’s official statement, while the SEC did not respond to requests for comment.

The dropping of the enforcement case against Cumberland DRW marks a significant shift in the regulatory landscape for crypto companies, highlighting the importance of ongoing dialogue between industry players and regulatory authorities.

agrees Cumberland Drop DRW enforcement firm SEC suit
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme

July 12, 2025

HMRC to Require Crypto User IDs for Tax Starting 2026

July 12, 2025

Judge Recommends Dropping Logan Paul’s Ex-Assistant From ‘CryptoZoo’ Lawsuit

July 12, 2025

Grayscale’s legal team challenges SEC over missed ETF deadline

July 12, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Binance’s Changpeng Zhao rebuffs WSJ ‘fixer’ role assertion for Trump-affiliated World Liberty Financial

May 24, 2025

Conversion Perk Triumphs with TechBehemoths Award 2024

December 20, 2024

Trump’s executive order declares crypto national priority, Graphite Network shows how to bridge blockchain and TradFi

January 28, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking

July 12, 2025

Caldera launches ERA token along with community airdrop

July 12, 2025

GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer

July 12, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.