The "web3 investment product" promoted by Qian Fenglei, a good friend of the big shots, has been included in the "Suspicious Investment Product Warning List" on the website of the Hong Kong Securities and Futures Commission. This includes two funds under FO-X's "Web3 ecosystem" by Hengfeng International, Fofund, "Fo Coin", and an NFT series called "Peach Blossom Spring". I really don't know why a bunch of wealthy and intelligent bigwigs are promoting this money...