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The investigation also observed examples of DWF offering tokens its founder had promoted leading to a crash in Individuals token's value, which can be in step with a pump and dump plan, which is in opposition to copyright's terms of assistance. In response to this report, copyright fired the investigators and retained DWF as a customer, declaring which the self trading might have been accidental and that The inner staff collaborated far too carefully with certainly one of DWF's competitors. copyright has denied any wrongdoing.[seventy four]
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SEC Chair Emilio Aquino emphasized the opportunity menace to investors' protection posed by continued usage of copyright's platform. Despite copyright's major presence and exercise inside the Philippines, the SEC aims to provide traders with enough time and energy to changeover their investments to approved platforms.}