Close to 1,000 People Fall Victim to Alleged Cryptocurrency Investment Scam
CRYPTOCURRENCY INVESTMENT – Close to 1,000 people lost their money invested on crypto following the shutting down of an app.
Nowadays, cryptocurrency investments are among the options considered by a lot of people in the pursuit to grow their money. Truth be told that many people earned double or several folds of what they already have because of it. However, it is a very sensitive investment from the start and all-throughout. You have to make sure that you know how it works and you must check the legitimacy of the app or platform where you are investing.
Recently, close to 1,000 people have fallen victims to an alleged cryptocurrency investment as they lost their money after the mobile app shut down last November 5.
Based on a report on GMA News, among those who invested to the said alleged cryptocurrency investment were John and Ced, not their real names. Both of them invested a huge amount to the virtual currency app.
According to John, he and his friends invested $8,000 or around P500,000 while Ced invested $3,000 or P170,000. They were talking on real-time as they saw it went down.
Based on the report, the victims tried to contact “Miss Liza”, the manager of the mobile app where they made a cryptocurrency investment. However, there was no positive response regarding the matter. GMA News also reached out to the said person.
According to Ced, the managers allegedly informed them that they were able to reach the “quota” for the mobile app and they are already having a party.
“Nagkakaroon na raw sila ng party. ‘Yun yung masakit. Wala tutulo lang luha mo. Magagalit ka syempre, dun napatunayan na talagang scam ‘yung application,” he said.
Ced further expressed that there is no more chance to be able to withdraw their money. They have reported the incident to the Securities and Exchange Commission (SEC) who warned the public to be wary when it comes to transactions. They also reported it to the National Bureau of Investigation (NBI). Bangko Sentral ng Pilipinas reminds Filipinos that cryptocurrency investment is risky.
Thank you for visiting Philnews.ph. You may express your thoughts and reactions below through the comment section. You may also follow us on Facebook, on Twitter, and subscribe to our YouTube channel Philnews Ph.
You may also visit – FTX Crypto CEO Sam Bankman-Fried was Worth $16 Billion on Monday, 94% of it Wiped Out the Next Day
