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The investigation also found examples of DWF advertising tokens its founder had promoted resulting in a crash in Individuals token's rate, which happens to be consistent with a pump and dump scheme, which is against Binanace's phrases of support. In response to this report, copyright fired the investigators and retained DWF as being a customer, stating the self buying and selling might have been accidental Which The inner staff collaborated as well carefully with one among DWF's competitors. copyright has denied any wrongdoing.[seventy four]
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As outlined by a 2024 report while in the Wall Street Journal masking 2023, copyright fired many members of its interior investigation staff who had been tasked with investigating sector manipulation for example pump and dump schemes and wash investing. According to The Wall Avenue Journal, an inner investigation in just copyright identified that a VIP shopper of the business, a investing and financial commitment company named DWF Labs, had Earlier advertised its means to control the industry by generating "believable" synthetic quantity to increase the price of tokens.
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