Hong Kong SFC Adds FNXAI Token and 1FNXAI Token to Suspicious Investment Products List

Hong Kong’s Securities and Futures Commission has added FNXAI token and 1FNXAI token to its list of suspicious investment products related to digital tokens. According to Odaily, the regulator said the products claim investors can use an AI-driven trading platform to automate trading in U.S. stocks and a range of financial instruments to generate stable returns, and they involve staking arrangements related to virtual assets.