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SEC Chair Emilio Aquino emphasized the prospective threat to buyers' protection posed by continued usage click here of copyright's platform. Despite copyright's sizeable presence and activity from the Philippines, the SEC aims to supply buyers with sufficient time to changeover their investments to authorized platforms.
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The investigation also observed examples of DWF selling tokens its founder experienced promoted resulting in a crash in All those token's rate, which happens to be consistent with a pump and dump plan, and is particularly versus Binanace's phrases of support. In response to this report, copyright fired the investigators and retained DWF to be a consumer, saying the self trading might have been accidental and that the internal workforce collaborated far too intently with certainly one of DWF's competition. copyright has denied any wrongdoing.[74]