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TechFlow reported that the UK Financial Conduct Authority (FCA) has added Poloniex, a cryptocurrency exchange owned by Justin Sun, to its warning list, stating that Poloniex may be promoting financial services or products without authorization.
The FCA warned that transactions related to this company will not be protected by the Financial Services Compensation Scheme (FSCS).
The UK Financial Conduct Authority (FCA) has added Poloniex, a cryptocurrency exchange owned by Justin Sun, to its warning list, stating that Poloniex may be promoting financial services or products without authorization. The FCA cautioned that transactions related to the company would not be protected by the Financial Services Compensation Scheme (FSCS).
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