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The investigation also uncovered examples of DWF selling tokens its founder had promoted causing a crash in People token's cost, and that is in step with a pump and dump plan, and it is from copyright's terms of provider. In reaction to this report, copyright fired the investigators and retained DWF like a customer, indicating that the self buying and selling might have been accidental and that The interior staff collaborated as well carefully with amongst DWF's rivals. copyright has denied any wrongdoing.[seventy four]
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As outlined by a 2024 report inside the Wall Avenue Journal covering 2023, copyright fired various members of its inner investigation staff who were tasked with investigating market place manipulation which include pump and dump schemes and wash buying and selling. According to The Wall Road Journal, an interior investigation in copyright uncovered that a VIP client of the corporate, a investing and financial investment firm named DWF Labs, had Formerly advertised its skill to govern the industry by producing "believable" artificial quantity to improve the price of tokens.
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