CryptoNews

Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments

Skyline Crypto and Dry Goods Trading Scam Alert

The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline Crypto and Dry Goods Trading is not registered with the Philippine SEC and lacks the necessary licenses to operate, the regulator stressed. The securities watchdog warns that the company’s scheme resembles a Ponzi scheme, which is illegal and fraudulent. The public is advised not to invest and to report any information regarding the company’s operations.

Source: Bitcoin

Related posts
AI & RoboticsNews

What enterprise leaders can learn from LinkedIn’s success with AI agents

AI & RoboticsNews

Walmart cracks enterprise AI at scale: Thousands of use cases, one framework

AI & RoboticsNews

Nvidia’s ‘AI Factory’ narrative faces reality check as inference wars expose 70% margins

CryptoNews

Binance Founder Declares 0.1 Bitcoin the Future American Dream

Sign up for our Newsletter and
stay informed!