Users of SALPay (Salarium), Which ICO’d in 2017, Had Their Accounts Frozen, CEO Unreachable?

Users of SALPay (Salarium), a Philippine payroll software that conducted an ICO in 2017, have reported that their bank accounts have been frozen for two months. The CEO of the company is unreachable and its offices have been closed. Users have taken to social media to voice their complaints and have reached out to authorities, but their pleas seem to have fallen on deaf ears. There are concerns that the funds may be lost and that the central bank is not taking action to protect the public's financial security.