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Scammers Pose as EU Regulators to Target Crypto Users Displaced by MiCA Deadline


Scammers Pose as EU Regulators to Target Crypto Users Displaced by MiCA Deadline

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Scammers are impersonating financial regulators and licensed exchanges to target crypto holders who continue moving assets five weeks after the EU’s Markets in Crypto-Assets Regulation (MiCA) licensing deadline. France’s AMF, the Dutch AFM and ESMA reported the pattern to the Financial Times, highlighting ongoing security and regulatory risks for crypto users, licensed exchanges and DeFi services across the EU.

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Scammers impersonating financial regulators and licensed exchanges are targeting crypto holders who are still moving assets five weeks after the EU’s licensing deadline under the Markets in Crypto-Assets Regulation (MiCA).

This is according to several regulators, including France’s Autorité des Marchés Financiers (AMF), the Dutch Authority for the Financial Markets (AFM), and the European Securities and Markets Authority (ESMA), which described the pattern to the Financial Times.

Read the article at CryptoPotato

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