Securities and Futures Commission (SFC) Warns of Suspicious Investment Products Named "FoFund," "Fo Coin," and "Peach Blossom Land NFT"

By: theblockbeats.news|2025/07/29 12:11:52

BlockBeats News, July 29, the Hong Kong Securities and Futures Commission issued a warning to the public to beware of suspicious investment products named "FoFund Dodo No. 1" and "FoFund Dodo No. 2," "Fo Coin," and "Peach Blossom NFT." These products involve management strategies related to virtual asset investment, digital tokens, and related unique tokens of art, and have not been authorized by the Commission for offer to the Hong Kong public. The Commission noted that the Hong Kong public can view information about these products through the products' respective websites, social media accounts, and associated mobile apps.

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