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SEC Chair Emilio Aquino emphasized the prospective risk to investors' security posed by ongoing entry to copyright's platform. Despite copyright's sizeable existence and action inside the Philippines, the SEC aims to deliver traders with ample time and energy to changeover their investments to approved platforms.
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The investigation also found examples of DWF promoting tokens its founder had promoted leading to a crash in Individuals token's selling price, that is in step with a pump and dump plan, which is from Binanace's phrases of support. In response to this report, copyright fired the investigators and retained DWF to be a customer, stating that the self buying and selling could have been accidental Which the internal workforce collaborated way too closely with among DWF's competition. copyright has denied any wrongdoing.[74]