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Redditor finds heavy block of iron shavings inside cheap PSU, also appears to lack safety protections
(www.tomshardware.com)
This is a most excellent place for technology news and articles.
Relying on a UL logo isn't much protection as you must trust that the company is being honest in using it. Best bet is to rely on a company's reputation, which may not result in you getting a quality product, but it should be safe at the very least.
UL listing is more than just a logo on the product. They run a public database where anyone can verify the certification.
https://www.ul.com/services/digital-applications/ul-certification-database
Good to know. Thanks for sharing the link