Philippines SEC warns on dYdX, six other unauthorized crypto platforms
Bearish-43.27%
21 Apr, 09:22
Source: Cointelegraph
AI Summary
Philippines SEC issues warning against dYdX and six other unauthorized crypto platforms, with promoters facing potential fines up to $89,000 or 21 years imprisonment under securities law.

Promoters 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.