TokenFi

Hong Kong Flags “TokenFi” and “Floki” Staking Programs
Crypto

Hong Kong Flags “TokenFi” and “Floki” Staking Programs

Hong Kong’s Securities and Futures Commission (SFC) cautioned investors against two “suspicious” investment offerings named “TokenFi Staking Program” and “Floki Staking Program.”  Both products affiliated with the Floki ecosystem offer crypto staking. These programs claim to offer high annualized return targets ranging from 30% to over 100%. However, the SFC emphasized that neither of the […]

Jan. 29, 2024