Filipino Crypto Scammers Are Impersonating Government Officials for Profit

Cointelegraph

Published Jun 22, 2020 04:19PM ET

Updated Jun 22, 2020 06:00PM ET

Another Filipino finance entity issued a warning against the alleged crypto Ponzi scheme Bitcoin Revolution, accusing them of impersonating the country’s president, as well as its finance and treasury officials.

According to the Department of Finance (DOF) in an alert published on June 21, Bitcoin Revolution has been using the name of Secretary of Finance Carlos Dominguez III to promote what the watchdog claims is a fake “cryptocurrency auto-trading platform.”..

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