Philippines Department of Finance has warned against a recurrence of the Bitcoin Revolution scam, this time using names of prominent officials in the Treasury.
The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.
The digital currency software solution has been identified by several countries as a Ponzi scheme, but is still operating
Manny Villar warned that Bitcoin Revolution is using a fake endorsement from him to fool new users into using their services.
The Malta Financial Services Authority has issued a warning against Bitcoin Futures, an entity that appears to be replicating an earlier BTC scam.
The chief financial regulator of Malta has issued another warning to consumers about suspicious crypto-schemes being promoted by Bitcoin Revolution.