Deep Tide TechFlow message, on April 21, the Philippine Securities and Exchange Commission (SEC) issued an investor warning, reminding the public not to invest in seven cryptocurrency trading platforms including dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium. The SEC stated that the above platforms are not registered with the commission and have not obtained the necessary authorization required under the framework for Crypto Asset Service Providers (CASP). The SEC also warned that individuals promoting the above platforms within the Philippines may be subject to criminal liability, with a fine of up to 5,000,000 Philippine pesos (approximately 89,000 US dollars) or a maximum of 21 years in prison.