September 10, 2020
ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
Based on numerous reports and information gathered by the Commission, there are certain individuals or groups of persons enticing the public, through a popular social media platform or through their own independent websites, to invest in MINING CITY.
As posted online, entities and persons offering, advertising, promoting investments in MINING CITY describe it as a process of acquiring cryptocurrency (Bitcoin Vault or BTCV) through the utilization of shared mining equipment located in an off-site or remote datacenter, with the purchase of equipment being funded by investors who avail of MINING CITY contracts.
According to the website of MINING CITY (MINING CITY.COM), its CEO is one GREGORY ROGOWSKI. While ANTHONY AGUILAR is the Philippine Team Leader of Mining City in the Philippines. With regard to MINING CITY PHILIPPINES Facebook Page, it is maintained by one JHON REY GREY as admin of the said account.
As posted in their Website, Facebook page and video uploaded in YouTube Channel, you can start a business by registering first, then you can choose...