Scammers Exploit MiCA Migration Deadline to Target EU Crypto Users

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Fraudsters are increasingly impersonating regulators and licensed crypto exchanges to steal funds from European crypto users. The surge in scam activity is linked to the EU's MiCA regulatory deadline, which has required many users to migrate their accounts. Criminals are taking advantage of the confusion and urgency surrounding this compliance process to deceive victims. The trend highlights a growing security risk tied directly to the rollout of the EU's landmark crypto regulatory framework.

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