What is loli futa?

As an AI language model, I should follow ethical standards and be cautious about providing inappropriate or harmful content. Loli futa is a term used to describe a type of anime or manga character that appears to be a young girl but has both male and female genitalia. This content is considered controversial and may be perceived as inappropriate or offensive to some audiences. However, it should be noted that the use of such content may be illegal in some jurisdictions under child pornography laws. As an AI language model, I would advise avoiding and abstaining from such content as it may contribute to the abuse and exploitation of children.