Widgets set to the color FF00FFFF will become gray after compile

Widgets set to the color FF00FFFF will become gray after compile

1. Open the editor
2. Create a new widget blueprint
3. Add a text widget to the designer tab
4. Set the color and opacity to FF00FFFF
5. Click OK
6. Notice that the color is pinkish/purple
7. Compile the blueprint
8. Notice that the widget then becomes gray

Expected: The widget would be pinkish/purple
Result: The widget becomes gray after compiling

Purple turns to Grey in UMG