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The investigation also observed examples of DWF marketing tokens its founder had promoted triggering a crash in those token's selling price, that is according to a pump and dump scheme, and is particularly in opposition to copyright's terms of support. In reaction to this report, copyright fired the investigators and retained DWF like a shopper, stating the self investing might have been accidental and that The inner team collaborated much too closely with amongst DWF's competitors. copyright has denied any wrongdoing.[74]
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Moreover, the SEC has collaborated with big tech firms like Google and Meta to halt copyright's electronic promotion efforts concentrating on Filipino people, Even though the copyright app continues to be available for download on mainstream application merchants.[133]
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In keeping with a 2024 report during the Wall Road Journal covering 2023, copyright fired several users of its inside investigation crew who had been tasked with investigating market manipulation which include pump and dump techniques and wash trading. In accordance with the Wall Road Journal, an internal investigation in just copyright observed that a VIP consumer of the company, a investing and expenditure company named DWF Labs, had Earlier advertised its means to control the market by building "believable" artificial quantity to increase the cost of tokens.
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