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SEC Chair Emilio Aquino emphasized the opportunity menace to investors' stability posed by ongoing entry to copyright's System. Even with copyright's substantial existence and activity during the Philippines, the SEC aims to offer investors with sufficient time to changeover their investments to authorized platforms.
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The investigation also observed samples of DWF offering tokens its founder had promoted causing a crash in Those people token's value, which can be in line with a pump and dump plan, which is in opposition to Binanace's terms of company. In reaction to this report, copyright fired the investigators and retained DWF as being a client, here expressing the self investing might have been accidental and that The interior team collaborated far too carefully with certainly one of DWF's competition. copyright has denied any wrongdoing.[74]