March 30, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
Based on the information gathered by the Commission, a number of individuals or group of persons claiming to represent BITRADE/BITRADE BITCOIN TRADING LTD./BITRADE LIMITED PH. are enticing the public to invest their money in said entity.
As posted online, BITRADE/BITRADE BITCOIN TRADING LTD./BITRADE LIMITED PH. is offering different packages with guaranteed returns from 20% per 15 days up to 40% per month which include the following:
According to these persons, in order for you to become a member, you have to register at this website https://dailypassive.com/panel/register, choose your package, and receive passive income by just typing the captchas everyday.
In addition to the supposed income from captcha typing, a member is also entitled to:
• Direct Referral Bonus: The recruiter is entitled to 10% commission of his new recruit's availed package; and 10% commission of his recruits' upgrade and/or renewal of package; and
• Pass Up Bonus: The recruiter is entitled to 50% of his recruit's income in captcha typing.
Per records of the Commission, BITRADE/BITRADE BITCOIN TRADING LTD./BITRADE LIMITED PH....
