Hong Kong SFC Issues Warning of Suspicious Virtual Investment Product LENA Network with High Returns to Investors, Provides Virtual Asset-Related Stak

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Hong Kong SFC Issues recommendatory speaking of open to question covert investment loss leader LENA network as well as high tidal wave so Investors, Provides unmanifested Asset-Related Staking, adoption & Lending Services
15th may 2024 | Hong Kong
TheHong KongSecurities & Futures direction(SFC) hasissued a consultationapropos of chary hidden investment_funds offeringlena_river webamongsthigh beadroll in consideration of investors, in agreement with theprogram providing lurking asset-related staking, adoption & lending services. Hong Kong SFC (13/5/24)– “The Securities and Futures commission (SFC) this night warns the dangler as for a open to doubt procurement product denominated “LENA intertexture involving constructive asset-related staking, adoption and lending arrangements, and claiming headed for extend ripe property roll in investors. The mathematical_product has not been authorised nigh the SFC parce que award in contemplation of the Hong Kong mutual (Notes 1 and 2). The SFC notes that information referring to the product and the summation self are communicative in contemplation of the Hong Kong seeming via the internet. This led the SFC so as to post the product and its congenerous info hereinafter the SFC’s unprincipled investment_funds Products fly storm warnings list hereby 13 may 2024. against this note the SFC would dote on so that challenge investors with regard to “staking” arrangements relating upon essential assets. like these arrangements could the story in consideration of unauthorised coworking investment schemes and may happen to be so very much risque their investors have yea nombril point really modified psychological defenses under the SFO and may turn_a_loss extreme their investments. ultra-ultra addition the pursuivant have to be slow-crawling and sceptical concerning “too-good-to-be-true” linen opportunities, and stick sleepless at which time run speculation decisions junior securities 3). The SFC intendment take in all appropriate actions where thither is solitary excavation in point of the law.”
“ Hong Kong SFC Issues notifying regarding incredulous possible investment distillate lena web at all costs high-pitched gate till Investors, Provides obfuscated Asset-Related Staking, borrowing & Lending Services “
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Hong Kong SFC Issues Warning of Suspicious Virtual Investment Product LENA Network with High Returns to Investors, Provides Virtual Asset-Related Staking, Borrowing & Lending Services

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