MiCA Scam Targets European Crypto Users with Regulatory Claims

Cryptocurrency users in Europe are being targeted by scammers who claim to be from the regulatory body, using the new MiCA rules as a lure.

The scammers are allegedly stealing user assets by posing as representatives of the European Union's regulatory bodies.

This comes at a time when the market is still adjusting to the new regulations introduced under the Markets in Crypto-Asset (MiCA) framework.