On Friday, Hong Kong’s securities regulator cautioned investors against “suspicious” staking schemes tied to Floki and TokenFi. Both tokens within the Floki ecosystem offer crypto staking. They claim yearly returns of between 30% and 100%, the Securities and Futures Commission warned. Both Floki and TokenFi’s staking products have not been granted authorization for public offering, The post Hong Kong Financial Watchdog Cautions Against Floki, TokenFi Staking Schemes appeared first on Cryptonews .
