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December 11, 2020 | 7:47 pm Font Size
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THE Securities and Exchange Commission (SEC) warned the public against investment schemes run by Cubebit 2.0 and Alisurvey Advertisement Marketing Services, which it said are not authorized to make such offers.
In two separate advisories on its website, the SEC said the two entities are soliciting investment without licenses.
The SEC said the Cubebit 2.0 scheme promises “ridiculous rates of return with little or no risk.”
According to the regulator, Cubebit 2.0 claims to give investors the opportunity to earn passive income via a number of online trading platforms.
The SEC said Cubebit 2.0 is not registered with the commission and is not authorized to solicit, accept or take investment from the public.