PANews reported on April 17 that according to Finance Magnates, the Malta Financial Services Authority (MFSA) issued a public warning that scammers are forging documents from the Malta financial regulatory authority, demanding money from traders under the pretext of fictitious market manipulation fines, and reminding users to remain vigilant.
This scam primarily targets Bitcoin and Ethereum traders. The MFSA stated that scammers send fake documents to individuals involved in BTC and ETH trading, claiming to impose fines for alleged market manipulation and threatening regulatory action if not complied with. The MFSA confirmed that these threats are entirely fabricated and the related documents have no legal validity. These forged letters meticulously imitate the MFSA logo in an attempt to trick recipients into making payments.
