Philippines SEC warns of 'cloud mining' Ponzi related to Bitcoin Vault

The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.

The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.

Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault

The Philippines SEC has identified Mining City as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.

The Philippines SEC has identified Mining City as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.