5 days Fake cryptocurrency platforms draw flak anew Manilatimes |Biz
The Department of Finance (DoF) has once again issued a stern warning against potentially harmful get-rich-quick online schemes purportedly launched by the government. This latest advisory arose from a news article stating that the government had created a platform called “Bitcoin Lifestyle” and that President Rodrigo Duterte “is urging all citizens of the Philippines to learn about Bitcoin Lifestyle quickly to get involved.” The fake news further suggested that “the government of Philippines asserts that tax revenues [from Bitcoin Lifestyle] would be huge and would benefit all citizens, and most of it would go to the financing of Philippines’s retirement ... more