<ul><li>The SEC has filed a lawsuit against Cumberland, accusing it of operating as an unregistered securities dealer in the crypto market since 2018.</li><li>Cumberland DRW acquired a registered broker-dealer in 2019 to comply with SEC requirements but was informed that it could only trade Bitcoin and Ethereum.</li><li>Paradigm CEO suggests that SEC chairman Gary Gensler is undermining the cryptocurrency market for the benefit of other financial markets.</li><li>Ripple CEO criticizes the SEC's unfair regulatory approach to crypto, referencing comments from SEC commissioner Mark Uyeda.</li></ul>

Ripple & Paradigm CEOs Supporting Cumberland Amid SEC Lawsuit Led by Gary Gensler, Highlighting Ongoing Crypto Regulatory Challenges

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