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.
Feature | How To Guides | News | NFT
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.
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.
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.
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.
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.
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.
EOS Ecosystem Wallet Shuts Down, Locking Users of their Funds Worth $52 Million
Furthermore, one main account apparently received $52 million worth of EOS tokens and speculation is that more funds may still be missing.
PH SEC Advisory on The Billion Coin (TBC) Scam
SEC: Based on numerous online postings, TBC claims that TBCoin’s value will never drop and only continues to increase by 1 – 5% daily until it reaches 1 billion Euros per 1 TBCoin (1 TBC).
Philippines SEC Advisory Against Cryptec by Point Place LTD
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.