Platinum Coin Unlicensed to Solicit Investments: SEC Cautions Public
Platinum Coin is reportedly enticing the public with low investment fees and promising high returns, commissions, passive income, and cash gifts.
Platinum Coin is reportedly enticing the public with low investment fees and promising high returns, commissions, passive income, and cash gifts.
The PNP is already investigating the cryptocurrency scam and has advised the public to carefully research before dabbling into investments.
Solidus said 12% of BEP-20 tokens & 8% of ERC-20 tokens created are fraudulent, & $2M worth of funds have been stolen since Sept 2020.
SEC flags Heromining Scam: Invest in a mining rig, earn 60% from the profit of your recruited or invited friend.
After a report published by BitPinas that some crypto holders experienced P2P scams, more and more from the community shared their experience.
The police did not disclose the total amount siphoned from the victims or what cryptocurrency platform was utilized.
What is a Ponzi scheme? How can they be identified? How can the enthusiast be protected from these illegal activities?
The FBI said it has an entire team dedicated to preventing and combating cryptocurrency money laundering and fraud.
SEC said “trading bonus system” is a favorite tool of scammers because it prevents the investor from withdrawing the investments until certain conditions are met.
Here are some tips to identify cryptocurrency scams quickly so that you can avoid them before it’s too late.