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SEC Chair Emilio Aquino emphasized the prospective danger to buyers' protection posed by ongoing entry to copyright's System. Irrespective of copyright's substantial presence and action from the Philippines, the SEC aims to deliver investors with enough time to transition their investments to authorized platforms.

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The investigation also uncovered samples of DWF offering tokens its founder had promoted resulting in a crash in All those token's cost, that's in step with a pump and dump plan, and is against Binanace's terms of provider. In reaction to this report, copyright fired the investigators and retained DWF being a shopper, stating the self buying and selling might have been accidental Which The interior team collaborated too read more carefully with among DWF's rivals. copyright has denied any wrongdoing.[seventy four]