- Reports said fraud has surged during the wind-down of unlicensed crypto platforms following the EU’s MiCA rollout, with scammers exploiting the transition.
- Authorities said scams involving impersonation of regulators including AMF, ESMA, AFM and FCA, forged documents and the use of screen-sharing software to create fake crypto accounts are increasing.
- Regulators urged users to verify authorized platforms and check ESMA’s official register, and to be wary of unsolicited fund-transfer requests, stressing that MiCA investor protection applies only when using an authorized legal entity within the EU.
Forecast Trend Report by Period
Fraud linked to the European Union’s…
