YepBit

Two separate regulators have flagged YepBit, and neither found it authorized:

• Philippine SEC: Issued a public advisory (Jan 26, 2026) and a cease-and-desist order (Feb 4, 2026) against Yepbit Exchange Pty. Limited and Fidelity Capital Investment Group for soliciting investments without a licence, citing violations of Sections 8, 26, and 28 of the Securities Regulation Code and Section 11 in relation to Section 3(f) of Republic Act No. 11765 (the Financial Products and Services Consumer Protection Act). The SEC described the scheme as bearing the attributes of a Ponzi scheme [web: sec.gov.ph][web: newsinfo.inquirer.net][web: manilastandard.net].
• Australia's ASIC: Placed Yepbit on its MoneySmart investor alert list, stating it holds no Australian financial services licence and is not authorized by a licensee — directly undercutting the 'Yepbit Exchange Pty Limited' Australian-company branding [web: moneysmart.gov.au].

The 'Pty Limited' branding implying Australian incorporation could not be independently verified against any company registry, and it should be regarded as an unverified self-claim [web: moneysmart.gov.au]. A local probe was also launched by the Ilagan City Council; a former Ilagan City DepEd school head was publicly linked to local promotion but denied any wrongdoing [web: manilatimes.net][web: newsinfo.inquirer.net]. Given active enforcement, no licensing, and reports of frozen withdrawals, YepBit is high risk and is not a verified, legitimate income opportunity.

YepBit is presented online as a cryptocurrency trading or 'exchange' platform under the name Yepbit Exchange Pty Limited, a label implying Australian incorporation. In the Philippines it surfaced in early 2026 as the 'FCIG-YEPBIT Investment Trading Project,' promoted alongside a group called Fidelity Capital Investment Group (FCIG). Rather than functioning as an ordinary exchange, it was marketed as a passive-return investment program: participants put in money, were promised income paid twice daily, and were told they had to recruit others to unlock withdrawals [web: bitpinas.com][web: newsinfo.inquirer.net].

On January 26, 2026 the Philippine Securities and Exchange Commission (SEC) published a public advisory naming FCIG and Yepbit Exchange Pty. Limited, and on February 4, 2026 it followed with a cease-and-desist order for soliciting investments without the required registration and licences [web: sec.gov.ph][web: manilastandard.net]. Separately, Australia's securities regulator, ASIC, has listed Yepbit on its MoneySmart investor alert list, noting it does not hold an Australian financial services licence and is not authorized by a licensee [web: moneysmart.gov.au]. The domain yepbit.com was registered in January 2017, but the investment scheme itself came to regulators' attention only in early 2026.

Participation reportedly required a buy-in of approximately USD 500 at the low end and up to USD 3,000 at the high end [web: bitpinas.com][web: newsinfo.inquirer.net]. Beyond the initial stake, some investors have described being asked for further fees in order to unblock withdrawals — a common advance-fee dynamic in schemes of this type. Because the operation is under a cease-and-desist order and unlicensed, any money placed carries a high risk of total loss.