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The Hong Kong Securities and Futures Commission has listed Bitcoin/Bitcoin funds as suspicious investment products
The Hong Kong Securities and Futures Commission has announced that “Diamond Coin/Diamond Fund” has been included in the list of suspicious investment products related to digital tokens. The Hong Kong Securities and Futures Commission stated that the product involves a digital token called Diamond Coin, which claims to represent certain rights in a fund that invests in ancient artworks and historical artifacts, named “Diamond Fund,” with a target annual return rate of over 30%.
Promotional activities held in Hong Kong previously advertised to investors, and the Hong Kong Securities and Futures Commission reminds investors to be wary of any social media accounts or posts related to this product.
