There are a lot of Filipino Facebook groups that scam newbies. I got wary of this issue because one of my friend got scammed because he joined a "pool" but after a lot of promises the one that "pooled" their coins just vanished in an instant.
Please my Filipino friends, beware of FB groups because most of the posts there will just make you lose money.
Thanks for the fair warning, however this is not new, and I do hope that your Filipino friends learn it the hard way. There are so many scammers are out who really targets newbies with a promise of huge returns. Moral lesson is not to be greedy. And those scammers will just create a new Facebook group and will try to scam again and again. That's why Mark Z is really clamping down on everything crypto related because of this example. I myself was a victim when I was a newbie, that's why I stay away from HYIP and other Ponzi schemes. So just be careful guys, and just remember this, "If it's too good to be true, it probably is." .