Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC Scammers posing as EU regulators target cryptocurrency holders who have transferred assets due to the MiCA deadline
Five weeks after the licensing deadline set by the EU Cryptocurrency Asset Markets Regulation (MiCA), a large number of cryptocurrency holders are still transferring assets, and fraudsters take the opportunity to impersonate financial regulators and licensed exchanges to defraud these users.
Several regulators, including the French Financial Markets Authority (AMF), the Dutch Financial Markets Authority (AFM) and the European Securities and Markets Authority (ESMA), have disclosed such fraud patterns to the media. The scammers contact customers of unauthorized companies, claiming to be regulators or exchange staff, and then direct the customers to websites or accounts they control. Regulators stressed that they would never proactively contact consumers and ask them to transfer funds to specific accounts.
The transition period under the MiCA guidelines ended on July 1. As of the update on August 4, ESMA's registered list listed 322 authorized crypto asset service providers from 26 member states, and all providers outside the list are no longer authorized to provide services to EU customers.
Regulators require users to transfer assets
In a public statement on June 23, ESMA required unauthorized providers to "immediately stop accepting new EU customers" and limit services to "actions necessary to sell or transfer crypto assets, reallocate assets, or close positions." Hosted services can only continue for the strict period necessary to complete an orderly exit.
The same statement also tells customers that they should check the registration list and if their provider is not authorized, assets should be "transferred to an authorized crypto asset service provider (if confirmed), or to a self-managed wallet."
Regulators point out that scammers are taking advantage of this overlap-a large number of users are legally told that they need to transfer funds within the same period of time.
Authorizations are concentrated before the deadline. In June, 76 companies entered the registration list, the largest number of new companies in a single month since the system was opened. In July, another 31 companies were added. The CEO of a large exchange in Europe had previously predicted that 80% of crypto companies would not survive under the MiCA framework and would be squeezed out of the EU market.
The scale of counterfeiting fraud expands
A data analysis company pointed out that the year-on-year growth rate of counterfeiting fraud in 2025 will reach 1400%, and the average payment amount will increase from US$782 to US$2764. The company estimates that total crypto fraud and fraud losses for the year were close to $17 billion.
It was reported that fraudsters pretended to be senior British police officers and induced victims to visit a website that stole their wallet mnemonics, resulting in the theft of £ 2.1 million worth of Bitcoin from cold wallets. In addition, the Federal Bureau of Investigation (FBI) also issued a warning that a counterfeit token had appeared on the Bochang network with "FBI information" on the subject line designed to steal wallet access.
ESMA stated that with the end of the transition period, competent authorities in various countries have approached relevant companies directly and may take coordinated actions against unauthorized providers.
