April 7, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Commission has received reports from the public regarding the investment taking activities of an entity operating under the name and style of CRYPTOPESO. Please be informed that CRYPTOPESO is not authorized to solicit investments from the public due to its lack of prior registration and/or license from the Commission as prescribed under Sections 8 and 12 of the Securities Regulation Code (SRC).
Based on information gathered by the Commission, CRYPTOPESO is publicly soliciting investments online in the guise of a mobile token wallet and payment application. CRYPTOPESO is operated by BLOCKXPERTS, INC. founded by MR. LARRIMAR ESPIRITU TIA, who is also the Chief Innovative Officer of INDIGEN, the corporation that introduces the Unilevel Marketing Program in the CRYPTOPESO application.
BLOCKXPERTS, INC. is a duly registered stock corporation under Company Registration No. CS201907584. Its Certificate of Registration was issued by the Commission on 09 May 2019. As certified to however by the CGFD, MSRD and CRMD, CRYPTOPESO and BLOCKXPERTS, INC. have not been issued a license or permit by...
