According to ChainCatcher, the UK's Financial Conduct Authority (FCA) has issued a warning stating that the Solana ecosystem meme coin project Retardio is suspected of providing financial services without authorization.
The FCA emphasizes that users of the project will not be able to access financial complaint services and the financial services compensation scheme. The regulator advises investors to avoid interacting with the project and warns of the scam risks associated with its social media accounts.
