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SEC Chair Emilio Aquino emphasized the opportunity threat to buyers' security posed by continued usage of copyright's platform. In spite of copyright's sizeable presence and exercise from the Philippines, the SEC aims to supply buyers with ample time for you to changeover their investments to licensed platforms.

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The investigation also identified examples of DWF advertising tokens its founder had promoted producing a crash in those token's value, get more info which is in line with a pump and dump plan, which is versus Binanace's terms of services. In response to this report, copyright fired the investigators and retained DWF as being a consumer, stating the self buying and selling could have been accidental and that the internal team collaborated too closely with certainly one of DWF's competitors. copyright has denied any wrongdoing.[74]