Report: Crypto Scams Are Second Riskiest in the US
The lack of previous crypto knowledge on the consumer’s part enables scammers to take advantage of them by convincing them of significant returns for their investment.
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Cryptocurrency Scam
Philippines SEC Advisory on Coin De Oro
Simply, an investor is entitled to receive passive income from the pool of investment traded as Coin De Oro cryptocurrency, while active income is acquired from recruitment bonuses.
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Former Vice Mayor Investigated For Involvement in Cryptocurrency Scam
Mr. Egypto of SEC said he is not surprised that the scams are also preying on people with authority, such as the former vice mayor, because it makes it easier to lure ordinary people to invest.
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SEC: Scammers Usually Claim They Invest Their Funds in Forex and Crypto to Justify Earning Capacity
An advisory from the Philippines’ Securities and Exchange Commission (SEC) has detailed how unlicensed investment firms have begun soliciting investments from social media and has used its power to lure investors in illegal money-making schemes.
Read more Philippines SEC Issues Advisory Against Airbit Club
The Philippines’ Securities and Exchange Commission has issued an advisory against a bitcoin investment scheme running in the country.
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