Yes there are a lot of instances that the name of bitcoins are being used in an investment scam here in the Philippines but the government are clarifying that the bitcoins is different in that investment scam. But because of that thing also the people are having a misconception about the bitcoins and new comers are having a doubtful mind if they are gonna involve themselves or not. But that thing is being fix now and there are only limited bitcoin platform that are reliable in to be used in the Philippines to avoid scams.