Philippines Warns Against Cloud Mining Contracts, Threatens to Jail Unregistered Solicitors

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The Philippines Securities and Exchange Commission has advised the public against social media offers to invest in cloud mining contracts and has warned unregistered solicitors they face imprisonment under Philippines law. A government investigation has determined that certain parties offering such contracts define cloud mining as a process for acquiring cryptocurrency by using shared mining

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Posted by Lester Coleman on April 17, 2018 @ https://www.ccn.com/philippines-warns-public-against-cloud-mining-contracts-threatens-to-jail-unregistered-solicitors/

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