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SEC Chair Emilio Aquino emphasized the potential risk to traders' protection posed by ongoing use of copyright's System. Despite copyright's substantial presence and action from the Philippines, the SEC aims to deliver buyers with enough the perfect time to transition their investments to authorized platforms.
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According to a 2024 report within the Wall Street Journal covering 2023, copyright fired numerous associates of its inner investigation crew who ended up tasked with investigating sector manipulation which include pump and dump techniques and clean investing. Based on the Wall Road Journal, an inside investigation within just copyright observed that a VIP customer of the business, a buying and selling and investment decision company named DWF Labs, had Beforehand marketed its capacity to manipulate the industry by making "believable" artificial quantity to raise the price of tokens.
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