|Coin Name||Ploutus Coin|
Plus Coin (a.k.a Ploutus Chain) of a group known as the Freedom Traders Club (FTC) headed by a certain Mark Freeman was flagged on July 28, 2018, by the SEC without license or authority to solicit investments from the public as the above-mentioned entity did not secure prior registration and/or license to solicit investment from the Commission as prescribed under Section 8 of the Securities Regulation Code. Criminal complaints were filed by investors who are mostly based in Northern Mindanao, Philippines. https://www.sunstar.com.ph/article/1754265 https://www.sunstar.com.ph/article/1753820 http://business.inquirer.net/255025/sec-warns-vs-5-crypto-scams To date, the Philippines’ SEC red flag advisory subsists urging “anyone who has knowledge or information about any business transaction involving these securities or investment opportunities to report such activity so that appropriate actions could be taken through the Enforcement and Investor Protection Department at (02)818-6337 or (02)818-6047 or email us at email@example.com.” http://www.sec.gov.ph/wp content/uploads/2018/07/2018Advisory_FreedomTradersClubamdPloutosCoin.pdf
Is Ploutus Coin a Scam?
Disclaimer: Ploutus Coin Cryptocurrency | Ploutus Coin ICO
Ploutus Coin is a cryptocurrency project that issued Ploutus Coin tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Ploutus Coin a Scam ICO?
Data on whether Ploutus Coin conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Ploutus Coin or in support of Ploutus Coin. The data is only an aggregation of claims cited against Ploutus Coin.
The above claims about Ploutus Coin (ICO), Ploutus Coin’s token, or Ploutus Coin’s team are externally sourced. They may claim that:
– Ploutus Coin did an ICO and then exit scammed
– Ploutus Coin has an undedicated project development after the Ploutus Coin ICO
– Ploutus Coin token got pumped and dumped by the Ploutus Coin team
– Ploutus Coin is a dead project with a worthless Ploutus Coin token
However, external claims about Ploutus Coin project, Ploutus Coin token, Ploutus Coin team, or even Ploutus Coin advisors may not be supported by accusers of Ploutus Coin ecosystem and thus individuals seeking to learn more Ploutus Coin team or about the Ploutus Coin cryptocurrency are recommended to directly contact Ploutus Coin team members or Ploutus Coin token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Ploutus Coin is an exit scam or that Ploutus Coin is any other type of scam, nor does CoinCurb insinuate that Ploutus Coin (or Ploutus Coin token) team are scammers or that Ploutus Coin (or Ploutus Coin token) advisors are scammers. CoinCurb allows viewers to reference sources related to Ploutus Coin development, Ploutus Coin token trading, and/or Ploutus Coin team as an uncertain reference when deciding if Ploutus Coin is a scam or Ploutus Coin is not a scam.