19 Individuals Arrested for Illegal Crypto Scheme in the Philippines
The police did not disclose the total amount siphoned from the victims or what cryptocurrency platform was utilized.
Read more
Scam
UnionBank Warns Clients Against Phishing Scam Text Messages
UnionBank said it will never ask its clients to click on a link asking for private information.
Read more
SEC Issues Warning Against Sengre and its Crypto Coin Scheme
The Commission is advising the public not to invest in any investment scheme being offered by people allegedly for or on behalf of Sengre.
Read more
GCash Blocks 900k Accounts To Fight Online Scams
GCash disclosed that they were working with the National Bureau of Investigation (NBI) and the Philippine National Police (PNP) to make sure that cybercriminals are monitored, caught, and apprehended.
Read more
Six NFT Red Flags to Avoid and How to Spot Them
This is the BitPinas guide for avoiding scams and rugpulls in NFT as we list down 6 NFT red flags that Filipinos must stay away from.
Read more
PSE Warns Public Against Fake Blockchain Schemes
The PSE warns investors regarding a fake blockchain investment solicitation program offered by an individual pretending to be employed by the exchange.
Read more
PH SEC Advisory Against MASA MART – XUM TOKEN – Investment Scheme
Its agents and promoters are promising that the token value of Php 5.00 will increase up to Php 50 to Php 70 by next year.
Read more SEC Issues Advisory Against Xian Gaza, Xian Coin
Gaza, more popularly known as the “pambansang scammer” boasted that the money from Xian Coins will be used to finance his underground activities.
Read more
NBI, GCash Charge 3 Suspects with Cybercrime, Estafa
The 3 suspects pretended to be Gcash, Grab, Lalamove, or Mr. Speedy employees. They convinced their victims that their accounts were compromised and offered to help them in fixing their accounts.
Read more
PH SEC Advisory Against WonCoin/Won Project
SEC also said Won Project took advantage of the current health crisis by offering a promo that gives an additional 50% bonus on Woncoin purchases during the pandemic so that these investors can earn during the quarantine period.
Read more