Crypto Hub Finance

May 30, 2023 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This is to inform the public that CRYPTO HUB FINANCE is NOT AUTHORIZED TO SOLICIT INVESTMENTS FROM THE PUBLIC. ATICcS This ADVISORY is prompted by reports and information gathered by the Commission that individuals or group of persons are enticing the public through social media platform to invest in CRYPTO HUB FINANCE . As posted online, you can invest in CRYPTO HUB FINANCE by joining its social media group at https://www.facebook.com/groups/2115329032075231 and registering through its website at https://cryptohub-finance.com/ then you can avail of its investment plans. Crypto Hub Finance is offering investments to the public with a minimal amount of 50BUSD (Php2,786.38). Investors may earn up to 2% daily for 75 days, 5% Affiliate bonus with 5% additional cashback , to wit: In this regard, the public is made aware that an "investment contract," which is a kind of security, exists when there is an investment or placement of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others which is prominent in the scheme of CRYPTO HUB FINANCE . ETHIDa As such, the Securities Regulation Code (SRC) requires that said offer and/or sale of securities must be duly registered with the Commission and that the concerned entity and/or its agents should have the appropriate registration and/or license to sell such securities to the public. Based on the Commission's database, CRYPTO HUB FINANCE is NOT REGISTERED as a corporation or partnership and OPERATES 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) . Further, the scheme employed by CRYPTO HUB FINANCE has the characteristics of a " Ponzi Scheme " where money 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. TIADCc The offering and selling of securities in the form of investment contracts using the " Ponzi Scheme " which is fraudulent and unsustainable, is NOT a registrable security. The Commission will not issue a License to Sell Securities to the Public to persons or entities that are engaged in this business or scheme. In view thereof, the public is hereby advised NOT TO INVEST or to STOP INVESTING in the investment scheme being offered by CRYPTO HUB FINANCE as well as to any other entities having the same or similar schemes and to exercise caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf of CRYPTO HUB FINANCE . Those who act as salesmen, brokers, dealers or agents, representatives, promoters, uplines, recruiters, influencers, endorsers and enablers of CRYPTO HUB FINANCE in selling or convincing people to invest in the investment scheme being offered by the said entity including soliciting investments or recruiting investors through the internet may be held criminally liable under Section 28 of the SRC and penalized with a maximum fine of Five Million Pesos (Php5,000,000.00) or imprisonment of Twenty-One (21) years or both pursuant to Section 73 of the SRC (SEC vs. Oudine Santos, G.R. No. 195542, 19 March 2014) . Furthermore, the names of all those involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed. Should you have any information regarding any investment solicitation by any individual or group of individuals on behalf of CRYPTO HUB FINANCE please send your report through email at [emailprotected] . For the information and guidance of the public. Makati City, May 30, 2023.