Crypto Asset

December 14, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY The Enforcement and Investor Protection Department has received information that individuals or group of individuals representing CRYPTO ASSET , headed by its President and CEO JANUS ALFONSUS ALVEZ TISALONA are enticing the public to invest their money in the said entity with the promise of monetary rewards or profits. According to its Facebook page, CRYPTO ASSET provides a unique opportunity for investors. Purportedly, the entity has been operating for a year and is allegedly funded. CRYPTO ASSET is offering the investment opportunity to the public with a minimum amount of investment of Php1,000 with four options to choose from. The money invested will be used by CRYPTO ASSET in its crypto trading through UNLITRADE platform and GPU mining farm activities. Based on their investment offerings, an investor has four options to choose from: 1) SILVER, with 5% profit in 7 days; 2) GOLD with 10% profit in 12 days; 3) PLATINUM with 20% profit in 20 days; 4) EXECUTIVE with 50% profit in just 40 days. The public is hereby informed that CRYPTO ASSET , is not registered with the Commission and is not authorized to solicit investments from the public, not having secured prior registration and/or license to sell securities or solicit investments as prescribed under Section 8 of the Securities Regulation Code (SRC). Furthermore, CRYPTO ASSET is not registered as a Virtual Asset Service Provider (VASP) with the Bangko Sentral ng Pilipinas and does not have a corresponding Certificate of Authority as a Money Service Business as required under Circular No. 1108, series of 2021 or the Guidelines for Virtual Asset Service Providers . Those who act as salesmen, brokers, dealers or agents of the said entity in selling or convincing people to invest in investment scheme being offered including soliciting or recruitment 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 taxes be assessed. In view thereof, the public is hereby advised to exercise caution in dealing with any individual or group of persons soliciting investments for and on behalf of CRYPTO ASSET . The public is hereby advised NOT TO INVEST or to STOP INVESTING in the investment scheme being offered by the subject entity or its representatives. Should you have any information regarding the operation of the subject entity, please send your report to the Enforcement and Investor Protection Department at [emailprotected] For the guidance of the public. Pasay City, December 14, 2021.