Philippines SEC warns on dYdX, six other unauthorized crypto platforms

Philippines SEC warns on dYdX, six other unauthorized crypto platforms

1.20%TRX$0.3286 0.46%LINK$9.42 1.58%ADA$0.2507 1.47%BCH$444.25 0.62%XRP$1.44 1.67%ETH$2,326 0.70%BTC$76,359 1.66%XMR$364.54 3.25%BNB$636.95 1.54%XLM$0.1811 6.70%SOL$85.87 0.95%HYPE$40.79 0.56%USD Written by Ezra Reguerra,Staff WriterReviewed by Bryan O'Shea,Staff EditorPhilippines SEC warns on dYdX, six other unauthorized crypto platforms38 minutes agoPromoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law. The Philippine Securities and Exchange Commission (SEC) has issued a public investor alert warning Filipinos not to invest in dYdX and six other crypto trading platforms, saying they are not registered or authorized to solicit investments in the country. In a Facebook post on Tuesday, the SEC named dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv and Ostium, stating that based on its findings,

Source: https://cointelegraph.com/news/philippines-sec-warns-dydx-crypto-platforms-investor-alert?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound