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WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission charged crypto market maker Cumberland DRW on Thursday with acting as an unregistered dealer for more than $2 billion in crypto ...
DRW has also been active in the cryptocurrency and blockchain space. In 2018, DRW backed Eris Exchange, a cryptocurrency market that allows trading various cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash. [10] Digital Asset Holdings, which is creating a "blockchain database", was spun out of a Bitcoin trading operation at DRW. [11]
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NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
DRW is a three-character combination which could mean: DRW Trading Group , a proprietary electronic trading firm based in Chicago. Dan Ryan Woods , a forest preserve in Cook County, Illinois
On 5 April 2024, a jury in the United States District Court for the Southern District of New York found Do Kwon and Terraform Labs PTE Ltd. liable for defrauding investors in crypto asset securities. [ 51 ] [ 52 ] The SEC had argued that Kwon secretly sought third-party financing after TerraUSD slipped from its stablecoin peg and then falsely ...
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In May 2018, the company closed another round of venture investment for $37 million led by Insight Venture Partners, DRW Venture Capital and Jump Capital, acquiring TradeIT. [ 6 ] [ 7 ] In October 2021, as part of the next round of financing, TradingView was valued at $3 billion and attracted an additional $298 million from investors, including ...
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