HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinBritish regulator adds Justin Sun-linked Poloniex to warning list after $100M hack

British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack

The Financial Conduct Authority (FCA) has issued a warning regarding a crypto exchange that is operating without the necessary authorization. This means that the exchange is not complying with the regulations and standards set by the FCA to ensure the protection of consumers and the integrity of the financial system. Operating without proper authorization raises concerns about the security and transparency of the exchange, as well as the potential risks involved for individuals who use the platform. It is important for individuals to be cautious and informed when engaging with crypto exchanges, and to ensure that they are dealing with authorized and regulated entities.

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