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The Hong Kong Securities and Futures Commission warns about suspected investment products such as FoFund and Fo Coin.
According to news from Hash World, the Hong Kong Securities and Futures Commission has issued a notice reminding the public to be cautious of suspected investment products such as "FoFund Multi-One", "FoFund Multi-Two", "Fo Coin" and "Peach Blossom Source NFT". These products involve investment strategies in virtual assets, digital currencies, and tokens of different natures. Such investment products have not been approved by the Securities and Futures Commission for sale in Hong Kong. The Commission pointed out that the public in Hong Kong can check information about these products through relevant websites, social media accounts, and their related applications. Earlier reports indicated that the financial products of Fofund Fund under Qian Fenglei had been suspended.
$FoCoin #Cryptocurrency # Blockchain #Regulation # HongKongSFC #InvestmentAlert