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After the FTX collapse, Philippine Regulator warns against unlicensed cryptocurrency exchanges

 

The Philippine Securities and Exchange Commission (SEC), has warned investors not to transact with unlicensed cryptocurrency trading platforms. The warning came after the collapse of crypto exchange FTX, which left “hundreds of thousands, even millions” of unsecured creditors without any recourse to recover their money. The Philippine SEC warns about unregulated crypto exchanges

 

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