Published on StreetandBeyond.com | Street Vibes, Viral Trends, and Honest Opinions Under the Sun
In the bustling street life of Pasig City, where viral trends spread faster than the morning sun, Mayor Vico Sotto has issued a strong public warning against an illegal crypto scam.
The Scam Exposed: "Pasig Coin" Fraud
Reports indicate that scammers are approaching residents, particularly in Barangay Pinagbuhatan, pretending to be city government employees. They solicit payments for a supposed cryptocurrency investment program linked to Pasig City. Mayor Sotto clarified that the local government has no official crypto or cryptocurrency program.
“Wala pong programa ang Pasig City Hall tungkol sa cryptocurrency o cryptowallet.” — Mayor Vico Sotto
Why This Matters in Today's Viral Trends
This incident highlights the darker side of online opinions and fast-moving viral schemes. As the sun rises on new investment trends, scammers exploit public trust using city names and fake endorsements. Street-smart Filipinos must stay vigilant against these illegal crypto tactics.
Protect Yourself from Similar Scams
- Verify any government program through official channels only.
- Avoid unsolicited investment offers promising quick returns.
- Report suspicious individuals to local authorities immediately.
- Be cautious of AI-generated videos and deepfakes promoting investments.
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Stay safe on the streets and beyond – always verify before you invest, especially under the heat of viral trends.