Floki Inu Faces Regulatory Heat in Hong Kong Over Staking Programs

Hong Kong’s Securities and Futures Commission (SFC) has issued a stern warning about two new investment schemes named “Floki Inu Staking Program” and “TokenFi Staking Program.” These programs have come under scrutiny for their high-return promises, which range from 30% to over 100% annually. The SFC has expressed concerns over the legitimacy of these offerings, given that neither program is authorized to operate within Hong Kong.