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SEC Chair Emilio Aquino emphasised the potential threat to traders' stability posed by ongoing use of copyright's System. Regardless of copyright's important presence and action inside the Philippines, the SEC aims to provide buyers with ample time to changeover their investments to authorized platforms.
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The investigation also observed samples of DWF marketing tokens its founder had promoted leading to a crash in Those people token's rate, which is in step with a pump and dump scheme, and is against Binanace's conditions of assistance. In response to this report, copyright fired the investigators and retained DWF as being a consumer, saying which the self investing could have been accidental and that The interior team collaborated too intently with considered one of DWF's rivals. copyright has denied any wrongdoing.[74]