**Crypto Comedy Central: SEC vs. Cumberland DRW**
- The SEC is back at it again! This time, they’ve filed a suit against Cumberland DRW for allegedly operating as an unregistered dealer. 🚀
- Cumberland reportedly sold over $2 billion in crypto assets since 2018 without the proper paperwork. Oops!
- The SEC claims Cumberland traded tokens like MATIC, SOL, ATOM, ALGO, and FIL as securities without registering. Cumberland says, "We tried to register, but it only covered BTC and ETH!"
- Despite the legal drama, Cumberland remains unfazed, stating they won't change their operations. Talk about confidence!
- Meanwhile, Crypto.com also fired back at the SEC, seeking legal relief. The crypto world is turning into a courtroom thriller!