A promised hourly return of P1,212 becomes a warning about unregistered crypto platforms
A promised hourly return of P1,121.08 is not an investment opportunity—it’s a red flag. The Securities and Exchange Commission (SEC) has warned the public against the unregistered scheme Ecocapsule, which dangles a maximum hourly income of P1,212.08 under its "mini" plan, promising up to P174,643.02 over 60 days. The larger plan offers up to P43,411.02 daily, totaling P347,298.08 in 80 days—returns so steep they defy legitimate market mechanics. Ecocapsule is not registered with the SEC and holds no license to solicit investments. It also promotes team-building and marketing commissions, a structure commonly tied to illegal pyramiding. The regulator identified the scheme as part of a broader trend of unauthorized digital platforms exploiting app-based access to commit financial fraud. Separately, the SEC flagged HTX Cryptocurrency Exchange and Huobi Global, operating under the HTX brand, for offering crypto trading and derivatives without corporate registration, securities licensing, or status as a registered crypto-asset service provider. These platforms distribute unauthorized application package files that, when installed, can give scammers full access to mobile devices—enabling them to intercept one-time passwords, steal banking credentials, and initiate unauthorized loans. Soliciting investments without proper registration violates Republic Act No. 8799, the Securities Regulation Code. The SEC urges the public to report suspicious schemes through its hotline or iMessage Portal. Enforcement actions and financial literacy campaigns will continue as part of the Commission’s effort to curb illegal investment activities.
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