International Securities & Commodities Alerts Network (I-SCAN) - International Financial Centre Token (IFCT) (formerly known as Hong Kong International Financial Centre Token) and associated projects and arrangements


Warning ID: 36759
National Competent Authority (NCA): Hong Kong - Securities and Futures Commission
Date Published At NCA: 2024-02-07
Date Published At IOSCO: 2025-03-25
Last Updated: 2025-03-25
NCA URL: https://www.sfc.hk/en/Suspicious-Investment-Products/Hong-Kong-International-Financial-Centre-Token
Commercial Name: International Financial Centre Token (IFCT) (formerly known as Hong Kong International Financial Centre Token) and associated projects and arrangements
Category: Other
Product: Other
Additional Information: 1. Hong Kong International Financial Centre Token is sometimes referred to as Hong Kong International Financial Center Token in some of the marketing materials. 2. The product involves potential public offering of IFCT, node pledging and financial management of IFCT, offering of meta-universe that offers virtual lands and digital entertainment, etc., introducing digital offshore RMB and digital Hong Kong dollar and other arrangements and offerings. 3. The product is promoted on the website and social media accounts as listed below: (a) Website: https://ifctchain.com/ (b) Facebook: https://www.facebook.com/kootoken/ (c) X: https://twitter.com/IFCT_Chain (d) Telegram: https://t.me/ifct_chain 4. IFCT is now called International Financial Centre Token or sometimes referred to as International Financial Center Token in some of the marketing materials. There have also been some changes to the product scope in Remarks 2 above.