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SEC Chair Emilio Aquino emphasised the potential threat to investors' safety posed by continued entry to copyright's platform. Even with copyright's major existence and exercise during the Philippines, the SEC aims to provide investors with enough time to changeover their investments to licensed platforms.
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In line with a 2024 report from the Wall Road Journal covering 2023, copyright fired many associates of its inner investigation group who had been tasked with investigating marketplace manipulation like pump and dump schemes and clean investing. Based on the Wall Road Journal, an internal investigation inside copyright found that a VIP shopper of the corporation, a investing and financial commitment agency named DWF Labs, had Beforehand marketed its capacity to manipulate the industry by making "believable" synthetic volume to increase the cost of tokens.
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