BlockBeats news, on December 17, the UK's Financial Conduct Authority (FCA) issued a warning, stating that the meme coin project Retardio in the Solana ecosystem is suspected of providing financial services without authorization. The FCA emphasized that users of this project will not have access to the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS) protection.
Regulators advise investors to avoid interacting with this project and remind them to be cautious of the scam risks associated with its social media accounts.