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.
Source: Cointelegraph
Philippines SEC Warns on Dydx, Six Other Unauthorized Crypto Platforms
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.