SEC das Filipinas Emite Ordem de Cessar e Desistir para o Golpe de Negociação Cripto da BG Wealth

• A SEC das Filipinas emitiu uma ordem de Cessar e Abster (Cease and Desist) para a BG Wealth por não conformidade e a classificou como fraude financeira.

Após cerca de um ano operando em várias jurisdições, incluindo os EUA, Samoa e as Filipinas, a Comissão de Valores Mobiliários (SEC) do país finalmente emitiu uma ordem de Cessar e Desist contra a BG Wealth Sharing Ltd. Por meio do Departamento de Execução e Proteção ao Investidor do regulador filipino, ela determinou que a empresa — incluindo sua administração, representantes e promotores — interrompesse suas transações e atividades de marketing.

What is BG Wealth

BG Wealth is a crypto scam ring founded and operated by Stephen Beard, a self-proclaimed professor and investment guru. According to the Washington State Department of Financial Institutions (DFI), the company marketed itself as an investment group and “the world’s largest hedge fund.”

The fake investment firm enticed people to join its social media channel, particularly on Facebook. From there, its operators urged unsuspecting victims to join its group via messaging apps such as WhatsApp, Telegram, Signal, or Bonchat, where they encouraged them to invest in an associated trading platform, DSJ Exchange.

ADVERTISEMENTInitially, BG Wealth gradually builds its members’ confidence by generating “advanced trading signals” with “zero risk.” These eventually translate into unrealized gains in their DSJ accounts of up to $1,500 for every $2,000 invested.

In reality, the perpetrators are allegedly just doctoring all the exchange’s data to make it appear that actual trading is taking place and that its users are benefiting from its sophisticated strategy. Meanwhile, BG Wealth immediately siphons all the money investors have poured into DSJ into its own bank accounts.

Overall, it’s a clear Ponzi scheme since it generates revenue only from new users to pay out older ones. The scam eventually unraveled when various regulators flagged BG Wealth’s activities, and users began having trouble withdrawing their funds. DSJ mysteriously freezes during those attempts, masking the issue as a mere technical glitch rather than a measured exit scam from the culprits.

ADVERTISEMENTWhat’s worse, as the Federal Bureau of Investigation (FBI) seized its platforms, BG Wealth made a last-ditch effort to demand “advanced fees” from users with frozen funds to supposedly help them withdraw their money.

Fundamentos para a ordem de Cessar e Desist

O Bitpinas informou que a SEC filipina considerou que os negócios da BG Wealth violaram o Código de Regulação de Valores Mobiliários (SRC) e a Lei de Proteção do Consumidor de Produtos e Serviços Financeiros (FCPA). A agência usou o marco Howey Test como base para a ordem de Cessar e Desist, decidindo que a falta de registro e de licença para vender ou oferecer valores mobiliários em sua oferta pública constituiu fraude financeira.

De forma estranha, a ordem mais recente da SEC só se concentrou no aspecto de conformidade dos negócios da BG Wealth. Embora tenha mencionado que fraude financeira inclui solicitações enganosas, como esquemas de Ponzi, ela não reiterou suas conclusões anteriores de que o negócio operava um elaborado esquema de Ponzi.

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