Daily Passive BTC Ltd.

June 18, 2020ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENTSEC ADVISORYThe public is hereby warned concerning the investment taking activities of DAILY PASSIVE BTC LTD. (Daily Passive, for brevity).The Securities and Exchange Commission has received reports that operators of BITRADE/BITRADE BITCOIN TRADING LTD./BITRADE LIMITED PH 1 (Bitrade) are now using the name DAILY PASSIVE BTC LTD. to continue its illegal investment-taking activities.As posted in their Facebook account by certain individuals, the scheme used by the company to entice the public to invest online or through the internet are as follows: HTcADC1. Choose any of the following packages ranging from Php1,000.00 (Bronze) to Php100,000 (Premium).2. Pay the amount of chosen package3. Send proof of payment/receipt4. Register5. Start encodingBelow are the other/additional ways to earn available to all packages except for Bronze:• Direct Referral Bonus — The recruiter is entitled to 10% commission of his/her direct invite's chosen package; and 10% commission if the direct invite renews or upgrade his/her account; and• Pass up Bonus — The recruiter is entitled to 50% of his/her direct invite's income in captcha typing.Therefore,...