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SEC Chair Emilio Aquino emphasised the prospective menace to traders' stability posed by ongoing use of copyright's System. Despite copyright's considerable presence and activity during the Philippines, the SEC aims to provide buyers with enough time to transition their investments to licensed platforms.

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The investigation also observed samples of DWF promoting tokens its founder had promoted triggering a crash in All those token's price, which is in keeping with a pump and dump plan, and is towards Binanace's phrases of services. In reaction to this report, copyright fired the investigators and retained DWF being a consumer, expressing that the self trading might have been accidental Which The interior staff collaborated too closely with among DWF's opponents. copyright has denied any wrongdoing.[seventy six]

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