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Hong Kong Securities and Futures Commission: Beware of Suspicious Investment Products FoFund, Fo Coin, and Peach Blossom Source NFT

Summary: In response to reports, the Hong Kong Securities and Futures Commission issued a warning to the public to beware of suspicious investment products named FoFund Many Number One, FoFund Many Number Two, Fo Coin, and Peach Blossom Source NFT. These products involve management strategies related to virtual asset investments, digital tokens, and non-fungible tokens related ...

In response to reports, the Hong Kong Securities and Futures Commission issued a warning to the public to beware of suspicious investment products named FoFund Many Number One, FoFund Many Number Two, Fo Coin, and Peach Blossom Source NFT. These products involve management strategies related to virtual asset investments, digital tokens, and non-fungible tokens related to art. These investment products have not been approved by the Commission for sale to the Hong Kong public. The Commission noted that the Hong Kong public can access information about these products through their respective websites, social media accounts, and related mobile applications.

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