The Securities and Exchange Commission (“the Commission”) has identified a purported investment
scheme operating under the name “Core Various.” The scheme is actively promoted on social media
platforms like Facebook and WhatsApp, claiming to offer investors returns of up to 10 times their initial
investment after 100 days. It features an F50 earning category that heavily incentivizes recruitment,
rewarding participants with direct income from referrals and bonuses based on the number of recruits
and their referral levels. Additionally, the platform advertises a sign-up bonus of 10 free Core Coins and
promises monthly returns ranging from: