October 27, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
Based on information gathered by the Commission, the entity operating under the name "BITCOIN DIGITAL" utilizing the domain "www.bitcoindigital.com" is soliciting investments in the Philippines WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY from the Commission. To wit: HTcADC
Similar to BITCOIN REVOLUTION and IMMEDIATE EDGE which are subjects of our previous SEC Advisories, BITCOIN DIGITAL is also an unregulated entity with unknown operators and is using FABRICATED or FAKE celebrity endorsements online including Finance Secretary Carlos G. Dominguez III in promoting its scheme. To show:
BITCOIN DIGITAL claims to be a new "wealth loophole" which offers a lucrative money-making scheme that will help the public build fortunes overnight through its "award-winning" cryptocurrency investment platform or automated-trading program promising a success rate of Ninety-Nine Percent (99%) per transaction similar to the modus of other cookie-cutter websites already flagged by the Commission as scams.
Apparently, for a minimum investment of Two Hundred Fifty Euros (€250.00) or almost Fifteen Thousand Pesos (Php15,000.00), BITCOIN DIGITAL promises a potential income as high as...
