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dYdX and Crypto Platforms in Hot Water as Philippine SEC Issues Major Investor Alert

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dYdX and Crypto Platforms in Hot Water as Philippine SEC Issues Major Investor Alert

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News The Philippine Securities and Exchange Commission (SEC) has issued a public advisory warning against engaging with several crypto trading platforms that are not authorized to operate in the country. Among the flagged entities was the widely used decentralized trading platform dYdX. The SEC said it received reports indicating that these platforms have been offering investment opportunities and collecting funds from users in exchange for promises of returns, profits, or interest, activities that fall under regulatory oversight. Without proper registration, investors who use these platforms may face increased ris

Source: https://cryptopotato.com/dydx-and-crypto-platforms-in-hot-water-as-philippine-sec-issues-major-investor-alert/

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