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Drw
SEC Sues Crypto Market Maker Cumberland DRW
The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.
Major Firms Deny Backing Bankruptcy Claims Exchange OPNX
Trading firms Susquehanna International Group (SIG), DRW and venture-capital firm Nascent are denying backing OPNX, the bankruptcy claims exchange founded by the same people who created Three Arrow Capital. Separately, the Ontario Teachers' Pension Plan, which wrote off its $95 million investment in the now bankrupt cryptocurrency exchange FTX, says it won't rush into another crypto investment, according to a report from the Financial Times.
Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm
Jason Leung, global head of DRW's cryptocurrency OTC shop Cumberland, has left the firm – joining two other high-level recent departures.
Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs
Coinbase is shutting down the Chicago trading technology office it opened a year ago, eliminating 30 jobs.
Crypto Trader Cumberland Upgrades from Skype to Wall Street Interface
Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.
