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SEC Chair Emilio Aquino emphasized the likely danger to investors' safety posed by continued entry to copyright's System. Inspite of copyright's significant presence and activity inside the Philippines, the SEC aims to offer buyers with enough time to transition their investments to authorized platforms.

The investigation also discovered examples of DWF selling tokens its founder experienced promoted leading to a crash in those token's rate, that's in line with a pump and dump plan, and is particularly in opposition to Binanace's terms of company. In reaction to this report, copyright fired the investigators and retained DWF being a consumer, indicating the self investing could have been accidental Which The interior team collaborated more info much too carefully with certainly one of DWF's opponents. copyright has denied any wrongdoing.[74]

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