Munics Nation, Inc.

March 10, 2020

ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT

SEC ADVISORY

Based on the information gathered by the Commission, the entities operating under the names, MUNICS NATION, INC., and MUNICS BANK (MUNICS), operated by MANXING CLOUD GROUP, is engaged in investment-taking activities not authorized by the Commission.

Primarily, MUNICS is operating in Malaysia via Monspace, but, findings also show that its investment offerings extend throughout Asia including the Philippines with the use of social media websites.

As posted online, MUNICS provides a number of investment packages with corresponding high returns, tagged as deposit plans. These includes the Gold, Platinum, and Global plans. To illustrate:

Based on the forgoing, investors are offered Five to Ten Percent (5-10%) interest per month or a total of Sixty to One Hundred Twenty Percent (60-120%) interest annually depending on the chosen package.

Referral and ranking bonuses including dividends are also given as active bonuses to its investors.

MUNICS claims that its investment packages are safe since MUNICS is dealing with a stable cryptocurrency which can be traded flexibly to any fiat money or other cryptocurrencies.

MUNICS likewise...

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

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