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 50% to 100%.