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The Securities and Futures Commission (SFC) of Hong Kong has added Finanx AI to its list of unlicensed companies, as the firm is suspected of promoting tokens to investors.

48 minutes ago

According to an official announcement, the Hong Kong Securities and Futures Commission (SFC) has added Finanx AI (菲纳斯科技有限公司) to its list of unlicensed entities. The entity may have promoted FNXAI and 1FNXAI tokens to investors via events held in Hong Kong, and may have claimed that investing in these tokens would yield high returns. The FNXAI and 1FNXAI tokens were added to the SFC’s alert list for suspicious investment products on September 30, 2026. The SFC stated that the entity is not licensed or registered by the SFC to conduct any regulated activities in Hong Kong under the Securities and Futures Ordinance (SFO), and is prohibited from engaging in any regulated activities in the city.

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