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SEC Chair Emilio Aquino emphasised the possible risk to traders' stability posed by ongoing access to copyright's platform. Even with copyright's major existence and activity within the Philippines, the SEC aims to supply traders with sufficient time to transition their investments to authorized platforms.

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The investigation also identified examples of DWF advertising tokens its click here founder had promoted creating a crash in Those people token's price tag, which can be consistent with a pump and dump plan, and it is against Binanace's phrases of services. In reaction to this report, copyright fired the investigators and retained DWF to be a customer, stating which the self buying and selling might have been accidental and that The interior team collaborated far too intently with among DWF's competition. copyright has denied any wrongdoing.[76]

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