AZ Coin News: The Philippines SEC identified Mining City as a Ponzi scheme and warned promoters could face up to 21 years imprisonment Featured

  • Wednesday, 16 September 2020 04:31
The SEC of the Philippines has issued an official warning about the “cloud mining” company Mining City. Even so, despite the official condemnation, the price of a cryptocurrency involved is on the rise. The Philippines SEC identified Mining City as a Ponzi scheme The warning describes Mining City as an unlicensed entity in the country […] The post The Philippines SEC identified Mining City as a Ponzi scheme and warned promoters could face up to 21 years imprisonment appeared first on AZCoin News.

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