Crypto Scammers Face 21 Years in Prison, Warns Philippines Regulator

In a notice, the Philippines’ Securities and Exchange Commission (SEC) has sternly warned promoters of 14 cryptocurrency investment schemes against soliciting domestic investors. In an advisory published on Wednesday, the Phillipines SEC urged the public to be wary of fourteen unregistered online investment schemes promising “unrealistic” high-earning returns by claiming to invest in cryptocurrencies including
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