Scammers Pose as EU Regulators to Prey on MiCA Deadline Fallout

Decrypt·

Scammers Pose as EU Regulators to Prey on MiCA Deadline Fallout

60-second summary

Scammers are posing as EU regulators to prey on investors affected by the MiCA deadline fallout, with France's watchdog warning of impersonators claiming to be its staff. At least 10 people have been targeted, with fraudsters convincing them to move assets to fake websites. This highlights the growing risk of investment scams amidst regulatory uncertainty.

France's watchdog says fraudsters are impersonating its own staff to talk stranded customers into moving assets to fake websites.