March 30, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
Based on the information gathered by the Commission, the entity operating under the name BITCOIN REVOLUTION which primarily does business in Australia and Europe is also engaged in investment-taking activities in the Philippines which is NOT AUTHORIZED by the Commission.
Apparently, BITCOIN REVOLUTION promotes its investment scheme through the use of fake celebrity endorsements on social media websites and other platforms.
As posted online, BITCOIN REVOLUTION claims that for a minimum investment of Two Hundred Fifty Dollars ($250.00), investors can earn as much as One Thousand Dollars ($1,000.00) or Three Hundred Percent (300%) per day or a total of Nine Thousand Percent (9,000%) per month.
BITCOIN REVOLUTION asserts that its software enables anyone to trade Bitcoins and other cryptocurrencies easily with a success rate ranging between Eighty-Eight Percent (88%) to Ninety-Five Percent (95%) per transaction which makes the profit potential limitless making some of its investors millionaires in just Sixty-One (61) days.
BITCOIN REVOLUTION added that its software is designed to eliminate the need to spend hours analyzing the markets as...
