The US Securities and Stock Exchange Commission (SEC) reportedly withdrawn the case against Cumberland DRW, which is based on Chicago -based crypto assets. The case, which started in October 2024, included allegations that the company sold over $ 2 billion in informal.
SEC’s new approach
SEC began to take a step back in similar cases by reviewing his old applications. The action draws attention with the fact that Mark Uyeda, the authorized president of the temporary administration, coincided with the period. This development is similar to the strategy previously followed in lawsuits such as Coinbase and Kraken.
Regulatory changes and communication
The company said that he was trying to adapt to regulatory requirements by rejecting the allegations. Cumberland DRW officials, stressed that the dialogue will be maintained. The company drew attention to the importance of establishing a transparent and constructive communication with regulatory authorities.
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“We hope that we will continue our cooperation with the SEC by adhering to the principle of integrity and transparency.” -CUMBERLAND DRW officials
This change in SEC’s approach points to efforts to reshape the regulatory structure in the crypto asset market. The newly created crypto task force is trying to develop regulatory solutions to take into account technology -based developments.
Also, SEC’s Ripple 
$2.39 It is reported that he has gone to strategy changes in other issues such as his case. Sector observers state that new approaches can have different effects on the market. Balanced steps are taken to prepare the ground for future arrangements.
These developments can be considered as steps to reduce uncertainties in digital asset trade. Market actors emphasize the importance of constructive negotiations with regulatory authorities. Investors and related companies closely follow the developments.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
