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SEC Chair Emilio Aquino emphasised the opportunity threat to traders' security posed by continued access to copyright's System. Irrespective of copyright's considerable presence and action from the Philippines, the SEC aims to offer investors with enough time for you to changeover their investments to licensed platforms.
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The investigation also identified examples of DWF marketing tokens its founder had promoted resulting in a crash in All those token's price, read more and that is in line with a pump and dump scheme, and is also versus Binanace's conditions of support. In response to this report, copyright fired the investigators and retained DWF to be a shopper, saying the self investing might have been accidental and that The inner group collaborated much too closely with one among DWF's competition. copyright has denied any wrongdoing.[74]