🔥 Huaying Holdings, touted as a legitimate Hong Kong RWA player, has spectacularly crashed!

Its share price has fallen nearly a thousandfold, while its directors and CFO have fled.

Endorsed by a host of prominent market operators, it ultimately turned into a disaster.

Don’t assume that being listed on Nasdaq or flying the banner of compliant RWA makes it safe.

Crypto-themed US stocks can fleece investors even more ruthlessly than altcoins.