The United States Securities and Exchange Commission (SEC) has charged cryptocurrency trading specialist firm Cumberland DRW with being an unregistered securities dealer, according to the Twitter account of TronNews X. The SEC alleges that Cumberland DRW failed to register with the agency as a broker-dealer, which is required for firms that trade securities. The SEC also alleges that Cumberland DRW made false and misleading statements to investors about its registration status. The charges against Cumberland DRW are the latest in a series of enforcement actions that the SEC has taken against cryptocurrency companies. In recent months, the SEC has charged several other cryptocurrency companies with being unregistered securities dealers, including BlockFi, Celsius Network, and Voyager Digital. The SEC's actions against cryptocurrency companies are a sign that the agency is taking a more aggressive approach to regulating the cryptocurrency industry. The SEC has said that it is concerned about the potential for fraud and abuse in the cryptocurrency market, and it is taking steps to protect investors.