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AiCoin
AiCoin|Apr 21, 2026 09:33
[Philippine SEC Warns Against Investing in 7 Unregistered Crypto Platforms] According to a warning from the Philippine Securities and Exchange Commission (SEC), the public is advised not to invest in seven crypto trading platforms: dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium. These platforms are not registered with the SEC and have not been authorized under the Crypto Asset Service Provider (CASP) framework. The SEC cautions that individuals promoting these platforms in the Philippines may face criminal liability, with penalties of up to 5 million Philippine pesos (approximately $89,000) or a maximum of 21 years in prison.
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