On February 21, 2025, when copyright staff went to approve and signal a plan transfer, the UI showed what appeared to be a authentic transaction Along with the meant place. Only after the transfer of resources to the concealed addresses set from the destructive code did copyright staff understand something was amiss.
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SEC Chair Emilio Aquino emphasised the prospective risk to buyers' security posed by continued entry to copyright's platform. Regardless of copyright's sizeable presence and exercise during the Philippines, the SEC aims to provide buyers with enough time to transition their investments to licensed platforms.
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