ChainCatcher message, according to Arkham monitoring, the Cumberland DRW address transferred 30,292 ETH to the Coinbase Prime Deposit address 14 minutes ago, approximately worth 116 million USD.

ChainCatcher news, according to Arkham monitoring, in the past 12 hours, the cryptocurrency trading firm Cumberland DRW transferred approximately 1.35 trillion PEPE to Robinhood through 3 transactions, worth about 26.73 million USD.

ChainCatcher message, according to @ai_9684xtpa monitoring, Tether has sold 632 million USDT to Cumberland DRW in the past 13 hours.In the past three days, the total amount of USDT transferred from Tether Treasury to DWR has reached 1.178 billion; since November, the net issuance of ERC20 USDT has increased by nearly 3 billion.

The U.S. Securities and Exchange Commission (SEC) has sued Cumberland DRW, claiming it operates as an unregistered securities dealer. According to the SEC's filing, since March 2018, Cumberland has been trading crypto assets as securities for its proprietary accounts as an unregistered dealer.In response, Cumberland DRW announced on the X platform that the SEC believes some of our trades involving certain crypto assets are securities transactions. We took this step in 2019 by acquiring a registered broker-dealer. Until then—despite Chairman Gensler's calls to "come in and register"—we were only informed that we could trade BTC or ETH (both commodities, not under SEC jurisdiction) through our broker-dealer.Cumberland DRW stated that the SEC's action will not change its business operations or the assets it provides liquidity for. The court's allegations against DRW are "merely based on a 'flat earth' conviction." This time, the SEC's approach seems to be a game of "Catch-22," where the ability to "come in and register" is just a mirage. We are ready to defend ourselves again.

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has sued Cumberland DRW, claiming it operates as an unregistered securities dealer. According to the SEC's indictment information, Cumberland has been trading crypto assets as securities for its own accounts as an unregistered dealer since March 2018.In response, Cumberland DRW issued a statement on the X platform saying, "The SEC believes that some of our transactions involving certain crypto assets are securities transactions. We took this step in 2019 by acquiring a registered broker-dealer. It was only then that we were informed that we could only trade BTC or ETH (both commodities, not under SEC jurisdiction) through our broker-dealer."Cumberland DRW stated that the SEC's action will not change its business operations or the assets it provides liquidity for. The court's allegations against DRW are "merely based on a 'flat Earth' conviction." This time, the SEC's approach seems to be a game of "Catch-22," where the ability to "come in and register" is just a mirage. We are ready to defend ourselves again.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, a dormant Cumberland DRW associated address that had been inactive for three years deposited 650.93 BTC to Coinbase 4 hours ago (at the peak price of BTC), worth 41.96 million USD.It is reported that tracing back the source of funds reveals that this portion of BTC was aggregated from multiple addresses of DRW six years ago, with an average price of around 4000 USD; if sold this time, it would yield a profit of about 15 times (deposit price 64,463 USD), equivalent to approximately 39.35 million USD.

ChainCatcher message, according to Arkham monitoring, the German government address transferred 748.2 BTC to the Cumberland DRW address 12 minutes ago.

ChainCatcher message, according to Arkham data, 10 minutes ago, the wallet address marked as "German Government" transferred 100 BTC to the Cumberland DRW address, worth approximately 5.85 million USD.Currently, the "German Government" wallet address still holds 13,025 BTC, worth approximately 761 million USD.

ChainCatcher news, according to Arkham data, a wallet address marked as "German government" transferred 151.977 BTC, approximately 8.87 million USD, to the digital asset trader and liquidity provider Cumberland DRW 7 minutes ago.

ChainCatcher message, according to Arkham data, 17 minutes ago, the wallet address marked as "German government" on-chain transferred out 5103.489 BTC again.Among them, 750 BTC was transferred to a Kraken address, 536.108 BTC was transferred to a Cumberland DRW address, 1127.381 BTC was transferred to Flow Traders, 500 BTC was transferred to Coinbase, and 2190 BTC was transferred to three other unknown addresses.

ChainCatcher news, according to Arkham monitoring, the German government address transferred 133.722 BTC, worth approximately 7.63 million USD, to the market maker Cumberland DRW today at 18:58 (UTC+8). This is the first time the German government address has transferred to Cumberland DRW.In addition, the German government address had previously transferred a total of 500 BTC to Bitstamp and Coinbase.

ChainCatcher news, according to Scopescan monitoring, addresses associated with Cumberland DRW received another 100 million USDT, which was subsequently deposited into multiple CEX.Previous news, addresses related to Cumberland DRW received 65 million USDT from Tether Treasury and deposited it into multiple CEX, including Coinbase, OKX, Binance, Kraken, etc.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, in the past 22 hours, institutional asset management company Anchorage Digital transferred 10 million ARB to Cumberland DRW, of which 7 million have been deposited into exchanges, worth 7.13 million USD.ARB is currently still the second-largest asset in Anchorage Digital's holdings, with a remaining 10 million tokens (10.15 million USD), second only to ETH.

ChianCatcher news, according to Scopescan monitoring, Cumberland DRW related addresses received 65 million USDT from Tether Treasury and deposited them into multiple trading platforms, including Coinbase, OKX, Binance, Kraken, etc.

According to ChainCatcher news, on-chain analyst @ai_9684xtpa monitored that 3 hours ago, the Alameda Research liquidation address again entrusted Cumberland DRW to transfer 761 ETH to Coinbase, worth approximately 2.25 million USD.Currently, the address has only 750 ETH left to be transferred, valued at 2.22 million USD; it is worth noting that it still holds WLD worth 138 million USD, which was distributed by the Worldcoin project team 9 months ago.

ChainCatcher message, according to @ai_9684xtpa monitoring, 50 minutes ago, Tether sold 90 million USDT to Cumberland DRW.Cumberland is Tether's largest issuer. In the past six months, Tether has minted 5.88 billion USDT for this address. Additionally, the institution is one of Binance's important market makers, with about 79% of the USDT issued to Cumberland being sent directly to Binance.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa monitoring, the FTX asset liquidation address starting with 0x77f3 transferred 1500 ETH (approximately 5.23 million USD) to Cumberland DRW 5 hours ago.

ChainCatcher news, according to Twitter user @ai_9684xtpa monitoring, 7 hours ago the Alameda Research asset liquidation address transferred 1000 ETH to Cumberland DRW, worth 2.3 million USD, most likely to commission its sale.