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SEC Chair Emilio Aquino emphasized the potential risk to buyers' stability posed by ongoing use of copyright's platform. In spite of copyright's important existence and activity in the Philippines, the SEC aims to provide buyers with sufficient time and energy to transition their investments to approved platforms.
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In accordance with a 2024 report inside the Wall Street Journal masking 2023, copyright fired various customers of its inner investigation group who were tasked with investigating sector manipulation which include pump and dump strategies and wash investing. In accordance with the Wall Road Journal, an internal investigation in just copyright observed that a VIP consumer of the organization, a investing and financial commitment agency named DWF Labs, had Beforehand advertised its ability to govern the market by generating "plausible" artificial quantity to boost the cost of tokens.
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