August 12, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Securities and Exchange Commission has received information that individuals or group of persons representing BITFINANCEINVESTMENT.LTD with website https://bitfinanceinvestment.ltd/ are enticing the public to invest in their company.
Per its website, BITFINANCEINVESTMENT.LTD is a new online platform offering guaranteed, risk-free investments plans purportedly to be invested in cryptocurrency trading, as follows:
As shown above, BITFINANCEINVESTMENT.LTD offers investment plans with a promise of return of at least 20% every 5 hours to as much as 150% every 72 hours + principal depending on the type of "Plan" chosen by the investor.
Further, BITFINANCEINVESTMENT.LTD is offering its investors additional income from its referral program.
The public is hereby warned that such investment schemes are considered as securities subject to the regulatory authority of this Commission. The offering of securities to the public without a permit or license is a violation of Section 8.1 of the Securities Regulation Code.
However, per our records, BITFINANCEINVESTMENT.LTD is NOT REGISTERED with the Commission and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR AUTHORITY to solicit,...
