HomeBitcoinPhilippines SEC warns of 'cloud mining' Ponzi related to Bitcoin Vault Philippines SEC warns of 'cloud mining' Ponzi related to Bitcoin Vault By Crypto News Pipe September 16, 2020 Bitcoin 0 Comments 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. Source: Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault Tags:Bitcoin Related Posts Bitcoin searches in Turkey spike 566% after Turkish lira drops 14% Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira Kraken CEO on Bitcoin: “It’s Going to Infinity” About Author Crypto News Pipe Crypto News Pipe is a cryptocurrency news aggregator service. It presents a continuous flow of articles organized from thousands of publishers and magazines. Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Website: Save my name, email, and website in this browser for the next time I comment.