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SEC Chair Emilio Aquino emphasised the potential threat to investors' security posed by ongoing access to copyright's platform. Irrespective of copyright's major existence and action within the Philippines, the SEC aims to deliver investors with sufficient time to changeover their investments to authorized platforms.
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In addition, the SEC has collaborated with significant tech corporations like Google and Meta to halt copyright's electronic advertising and marketing initiatives targeting Filipino customers, although the copyright app remains readily available for obtain on mainstream app retailers.[134]
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Based on a 2024 report from the Wall Road Journal covering 2023, copyright fired a number of users of its inside investigation group who were tasked with investigating industry manipulation like pump and dump schemes and clean investing. Based on the Wall Avenue Journal, an inside investigation within copyright located that a VIP client of the corporation, a trading and financial investment company named DWF Labs, experienced Beforehand advertised its potential to govern the market by producing "believable" synthetic volume to raise the price of tokens.
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