The FCA published an alert in relation to Obatan LLC on 22 April 2022. That alert was removed on 16 May 2022.
Obatan LLC is not authorised by the FCA. The FCA does not, on the information presently available to it, believe that Obatan LLC is carrying out activities in the UK for which it requires to be authorised.
Consumers who deal with unauthorised entities have no protection from the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service.