SEC sues crypto market maker Cumberland DRW

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By Maya Cantina

As an example, according to the SEC, Cumberland promoted ATOM through an “email sent to counterparties on February 20, 2023: “At present, one of the smallest gainers of the sector, outside of ETH and EOS, has been ATOM. » ATOM is up “only” 53% year to date, despite strong fundamentals and a healthy developer community; this is a name where we expect to see a catch-up if the crypto remains dynamic. »

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