US SEC agrees to withdraw lawsuit against Cumberland DRW

PANews March 5th news, crypto trading company Cumberland DRW posted on X platform: "Today, we signed a joint document with the U.S. Securities and Exchange Commission (SEC) to cancel the lawsuit against Cumberland DRW. The document was agreed in principle by Cumberland DRW and SEC staff on February 20 and is currently awaiting approval from the committee. As a company firmly upholding the principles of integrity and transparency, we look forward to continuing to talk with the SEC to jointly promote a future of technological progress and regulatory clarity, ensuring that the United States is always at the forefront of global financial innovation."