Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 56

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 56
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 would contravene the public policy of Singapore; (iii) the proceedings in which the foreign
judgment was obtained were contrary to principles of natural justice; (iv) the foreign judgment was obtained by fraud; or (v) the enforcement
of the foreign judgment amounts to the direct or indirect enforcement of a foreign penal, revenue or other public law.

In particular, the Singapore courts may potentially not allow the enforcement
of any foreign judgment for a sum payable in respect of taxes, fines, penalties or other similar charges, including the judgments of courts
in the United States based upon the civil liability provisions of the securities laws of the United States or any state or territory of
the United States. In respect of civil liability provisions of the United States federal and state securities laws that permit punitive
damages against us and our directors or executive officers, we are unaware of any decision by the Singapore courts that has considered
the specific issue of whether a judgment of a United States court based on such civil liability provisions of the securities laws of the
United States, or any state or territory of the United States, is enforceable in Singapore.

<div align='center'>23

TAX CONSIDERATIONS</div>

U.S. Federal Income Tax Considerations

The following is a general
discussion of certain material U.S. federal income tax consequences of the ownership and disposition of Class A Ordinary Shares
for a U.S. Holder (as defined below). This discussion address only U.S. Holders that acquire Class A Ordinary Shares in this offering.
This discussion is for general information purposes only and does not purport to be a complete analysis or listing of all potential U.S.
federal income tax consequences that may apply to a U.S. holder as a result of the ownership and disposition of Class A Ordinary Shares.
In addition, this discussion does not address all aspects of U.S. federal income taxation that may be relevant to particular holders
nor does it take into account the individual facts and circumstances of any particular holder that may affect the U.S. federal income
tax consequences to such holder, and accordingly, is not intended to be, and should not be construed as, tax advice.

This discussion is based
on provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), the U.S. Treasury Regulations promulgated
thereunder (whether final, temporary, or proposed) (the “Treasury Regulations”), published administrative rulings of the
IRS, and judicial decisions, all as in effect