Did I get scammed? USB stick only has 247.9GB when advertised as 256GB - Please let me know

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USB stick supposed to have 256GB only has 248GB

The stick was advertised to have 256GB of space, but when I ran "fdisk -l" I got the following results

Disk /dev/sdh: 230,94 GiB, 247968301056 bytes, 484313088 sectors
Disk model: USB DISK 3.0 Pro
Units: sectors of 1 * 512 = 512 bytes
Sector size (logical/physical): 512 bytes / 512 bytes
I/O size (minimum/optimal): 512 bytes / 512 bytes

Is this a scam? Is this a faulty product? What's wrong with it? Is there something I misunderstood?