⭐ Merited by paxmao (1)
What a shocking news. They used the same old trick, promising a lot of return in a short amount of time, how can those people fall for it?
Are you from Phillippines by the way?
From where did you get this conclusion? From what I understand, police already have enough proof of their transaction via Coins.ph.
They don't have to recover the funds to prove that the couples are guilty.
What troubles them (who invested in that NewG), is that it doesn't seem possible to recover their funds.
Quoting from the news you shared above.
Are you from Phillippines by the way?
What really made me worried is that even the arrest has been done, there's a chance they might prove themselves not guilty once it got into court proceedings. All those investments were made through Coins.ph (Philippine's top financial services platform for Bitcoin) and upon checking by the company representatives in hopes to return all those money invested, it has been checked and emptied. The transactions that were been made was all untraceable, so its impossible to retrieve all those BTCs, thanks for its anonymity feature 
From where did you get this conclusion? From what I understand, police already have enough proof of their transaction via Coins.ph.
They don't have to recover the funds to prove that the couples are guilty.
What troubles them (who invested in that NewG), is that it doesn't seem possible to recover their funds.
Quoting from the news you shared above.
Quote
Victim Rotskie Bautista told ABS-CBN News that he and his friends pooled their money so their investment could grow fast. They ultimately ended up investing about PHP15 million (US$288,692), an amount he now realizes hes not likely to get back.
It doesnt seem possible, because it already happened. Even if he goes to jail, we dont know where to get the money, because we found out that his accounts have been checked and theyre all empty. His properties are now legally attached, as requested by other investors, [and] his vehicles, luxury cars, are also gone, he said in Filipino.
It doesnt seem possible, because it already happened. Even if he goes to jail, we dont know where to get the money, because we found out that his accounts have been checked and theyre all empty. His properties are now legally attached, as requested by other investors, [and] his vehicles, luxury cars, are also gone, he said in Filipino.