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.

Oct 10, 2024 - 17:48
SEC Sues Crypto Trading Firm Cumberland; Alleges Polygon And Solana Are Securities
SOL SolanaThe 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.

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