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In line with a 2024 report inside the Wall Avenue Journal covering 2023, copyright fired several customers of its internal investigation staff who had been tasked with investigating market manipulation which include pump and dump strategies and wash investing. Based on the Wall Avenue Journal, an inside investigation inside of copyright observed that a VIP consumer of the corporation, a buying and selling and expenditure company named DWF Labs, experienced Formerly marketed its potential to manipulate the marketplace by generating "plausible" artificial quantity to boost the cost of tokens.
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SEC Chair Emilio Aquino emphasized the prospective risk to investors' protection posed by continued usage of copyright's System. Inspite of copyright's major presence and exercise from the Philippines, the SEC aims to offer traders with ample time and energy to transition their investments to authorized platforms.
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