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SEC Chair Emilio Aquino emphasised the probable threat to investors' safety posed by ongoing entry to copyright's platform. In spite of copyright's major presence and activity inside the Philippines, the SEC aims to supply traders with sufficient time to check here transition their investments to approved platforms.

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The investigation also identified examples of DWF offering tokens its founder had promoted creating a crash in People token's selling price, which is in line with a pump and dump scheme, and is also in opposition to Binanace's terms of service. In reaction to this report, copyright fired the investigators and retained DWF for a consumer, stating which the self buying and selling could have been accidental Which The inner crew collaborated also closely with amongst DWF's opponents. copyright has denied any wrongdoing.[74]