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News | Regulation

500 MO GAWIN NATING 10K: SEC Flags Down WebMining App for its Unlicensed Investment Scheme, Tags as Ponzi

2023-02-08

The Securities and Exchange Commission (SEC) has flagged WebMining for its illegal investment scheme in the country.

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About BitPinas

BitPinas is a news website that portrays the most accurate coverage and representation of crypto, blockchain, play-to-earn, and NFT news and updates in the Philippines since 2017.

At BitPinas, we strive to share correct and positive information about blockchain/crypto space and the people that work tirelessly to build the reputation of the industry. We don’t want Filipinos to be victims of fraud or financial crime of any sort.