ChainCatcher message, the UK 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 have access to the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS) protections.

The regulator advises investors to avoid interacting with the project and reminds them to be cautious of the scam risks associated with its social media accounts.