Fraudsters impersonating regulators and licensed crypto exchanges to steal funds from users forced to migrate their accounts after the EU's MiCA deadline are on the rise. The European Union’s (EU) crypto clean-up has handed scammers a weapon. When the Markets in Crypto-Assets (MiCA) regulations’ ramework came into full force on July 1 , more than 1,700 unlicensed crypto platforms were required to stop serving EU customers and direct them to licensed alternatives. Only 323 companies held a…
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