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SEC Chair Emilio Aquino emphasised the potential menace to buyers' security posed by ongoing access to copyright's platform. Even with copyright's sizeable existence and activity from the Philippines, the SEC aims to provide investors with sufficient time and energy to changeover their investments to authorized platforms.
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Based on a 2024 report inside the Wall Road Journal covering 2023, copyright fired many customers of its inside investigation workforce who were being tasked with investigating market manipulation such as pump and dump schemes and clean investing. Based on the Wall Road Journal, an inner investigation inside of copyright identified that a VIP consumer of the business, a buying and selling and financial commitment organization named DWF Labs, had Earlier marketed its skill to govern the industry by making "believable" artificial volume to enhance the cost of tokens.
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