Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple and Litecoin are displayed on a PC motherboard in this illustration. (Reuters photo)
The Securities and Exchange Commission (SEC) has warned investors to exercise caution and prudence before investing in cryptocurrency mining because of multiple risks and the lack of supervision by Thai regulators.
A current ad featured online and on outdoor billboards invites the public to invest in cryptocurrency mining.
According to the SEC statement, the ad encourages the public to invest by buying or renting equipment, or investing in the processing power of such equipment, stating that such an investment would earn a high rate of return.
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