BlockBeats News: On October 23rd, Cumberland DRW founder Don Wilson stated in an interview with Coindesk that some lawmakers and regulators, such as Senator Elizabeth Warren, hold a hostile attitude towards cryptocurrency because they "truly believe in the power of the state," and cryptocurrency undermines that power. Don Wilson said, "If their worldview believes that having more government control will make the world a better place, then they will feel that any effort they make to slow down the development of cryptocurrency will make the world a better place, even if it is done in a way that is a bit unfair to market participants DRW's legal advisor Chelsea Pizzola also stated that the company's attempt to register its cryptocurrency brokerage firm Cumberland Securities LLC with FINRA (also responsible for regulating the US market) has been rejected, and that the company is not the only institution that has attempted to register and acquire brokerage firms and has been trying to comply with regulations for many years. It has sincerely attempted to engage with SEC trading and market personnel. BlockBeats previously reported that earlier this month, the US SEC announced a lawsuit against Cumberland DRW, accusing it of being an unregistered securities trader.