This news have become viral in the Philippine television as well as in the social media. The so called company was named New G, I was once tempted to invest on that but I did change my mind and place my investment on a legit site with trusted reviews. There are many circulating news as to how their system collapse, some said it was because their system is a ponzi scheme and when nobody wants to invest they started to collapse and run with the money. The other reason was probably they went bankrupt when bitcoins value fell down from 20k$ to 6700$. Whatever the reason be the public is angry and wanted their investment back.