Incorrect. There is more fructose in HFCS used in Coke, HFCS 55. Fructose is metabolized in the liver, and stored as fat there. Glucose is directly metabolized by cells throughout the body.

Also there is no single reason that HFCS is demonized, there are multiple good reasons why it is harmful in the US. It is also not a singular cause to all US diet related pathologies.

Staying on topic, the chemicals the EPA will no longer enforce the laws for pollution for are demonstrably harmful.

The EPA has unilaterally decided not to do its job because it doesn't care about the health of the citizens of the US.

It turns out the acidic environment in most beverages inverts the sucrose in cane sugar to form a 50:50 mix of fructose and glucose. In the end, the fructose/glucose ratio in cane-sugar-sweetened drinks becomes similar to high-fructose corn syrup, which is about 55:42. And the reaction is quick: about half the sucrose gets inverted in about three weeks. [1]

[1] https://www.youtube.com/watch?v=NY66qpMFOYo

Corn syrup is 55% fructose and sugar is 50%. Functionally they are the same.

Even if coke was made with organic wild honey, it would still be awful for you.