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SEC Chair Emilio Aquino emphasised the possible risk to traders' stability posed by ongoing access to copyright's platform. In spite of copyright's important existence and exercise during the Philippines, the SEC aims to provide investors with ample time for you to transition their investments to approved platforms.
Based on a 2024 report within the Wall Street Journal covering 2023, copyright fired several members of its inside investigation staff who ended up tasked with investigating current market manipulation for instance pump and dump strategies and wash buying and selling. According to The Wall Street Journal, an get more info interior investigation within copyright uncovered that a VIP shopper of the corporation, a investing and financial commitment organization named DWF Labs, had Formerly advertised its means to govern the marketplace by creating "believable" synthetic quantity to improve the price of tokens.
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