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The Securities and Exchance Commission or SEC has just announced that Cryptostakers or Crypto-Stakers.com is enticing the public to invest with a minimum amount of PHP 1,000 with a promise of 8% daily payout for 25 days or 100% return of investment in 25 days. This is in lieu of the Commissions announcement that Cryptostakers is operating without the necessary license and/or authority to solicit, accept, or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC). Furthermore, the scheme employed by Cryptostakers shows indication of a possible Ponzi Scheme, where monies from new investors are used in paying fake profits to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. Read more in our articles including "SEC issues advisory on Cryptostakers / Crypto-Stakers.com" and "Courier Complaints Drop 88% Under Oplan Bantay Padala".

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What is cryptostakers?

The Securities and Exchance Commission or SEC has just announced that Cryptostakers or Crypto-Stakers.com is enticing the public to invest with a minimum amount of PHP 1,000 with a promise of 8% daily payout for 25 days or 100% return of investment in 25 days. This is in lieu of the Commissions announcement that Cryptostakers is operating without the necessary license and/or authority to solicit, accept, or take investments/placements from the public nor to issue investment contracts and other forms of securities defined under Section 3 of the Securities Regulation Code (SRC).

What have you covered about cryptostakers?

Furthermore, the scheme employed by Cryptostakers shows indication of a possible Ponzi Scheme, where monies from new investors are used in paying fake profits to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors.

Where can I find articles about cryptostakers?

Our coverage of cryptostakers includes: "SEC issues advisory on Cryptostakers / Crypto-Stakers.com"; "Courier Complaints Drop 88% Under Oplan Bantay Padala"; "ASUS ROG Zephyrus Duo and Zephyurus G now officially available in PH". Each article provides unique insights and information.