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SEC Chair Emilio Aquino emphasised the possible threat to traders' safety posed by ongoing use of copyright's System. Inspite of copyright's significant presence and activity within the Philippines, the SEC aims to supply traders with sufficient time and energy to transition their investments get more info to approved platforms.

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The investigation also found examples of DWF advertising tokens its founder had promoted resulting in a crash in People token's price, that's consistent with a pump and dump scheme, which is versus Binanace's terms of assistance. In reaction to this report, copyright fired the investigators and retained DWF as being a shopper, stating the self investing might have been accidental and that The inner crew collaborated far too closely with considered one of DWF's competition. copyright has denied any wrongdoing.[74]

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