Investment by the public in unregistered securities especially ICO was warned by the Securities and Exchange Commission (SEC). It also stressed that those who invite or recruit people to join or invest in unregistered securities may be held liable or penalized as per order of Supreme Court in SEC vs. Oudine Santos Case.
Philippines SEC warns over ICOIncryptsJan 09, 20180
Feb 18, 2020
Feb 13, 2020