SEC-Davao: Four Entities Under Monitoring Over Alleged Involvement in Crypto Scam

The SEC-Davao is examining four unregistered crypto firms amidst a local push to combat online rip-offs.

In the very same month, a Cebu-based call center presenting as a crypto investment company was exposed for running a global scam using AI and phony $BTC trading, after a hacker infiltrated its systems and exposed evidence via CCTV, prompting a government examination and short-lived shutdown of the operation. In 2024, the Cybercrime Examination and Coordinating Center (CICC) cautioned the public about a surge in crypto and dollar investment frauds, advising investors to remain vigilant, avoid high-return pledges, and verify deals with authorities. Read BitPinas articles about safeguarding Bitcoin and other digital possessions: This short article is published on BitPinas: SEC-Davao: Four Entities Under Monitoring Over Alleged Involvement in Crypto Scam What else is happening in Crypto Philippines and beyond?