Last July 8 this year Ploutos Coin launch the first latest product offshoot of the highly successful Cagayan de Oro-based Freedom Traders Club which navigates in forex trading for quite a time now.
The rule is simple, Buy the Lowest Price Now and Sell for its Highest Price Later.
And the same with other crypto currencies like bitcoin, its value increases through supply and demand. Ploútos Coin started on January 1, 2018 with a value of $1.00 per coin.
But after the Hype of this crypto currency the Philippines Securities and Exchange Commission (SEC) has issued a public advisory regarding a cryptocurrency and trading group that violates the country’s laws on securities and investments.
3 months after the SEC issued a public advisory regarding a cryptocurrency, the investors in Cagayan de Oro has filled a complaint against Mark Steven Freeman, the founder of Ploutos Coin and Freedom Traders’ Club for failing to return his P1.7-million investment.