According to PANews, the Malta Financial Services Authority (MFSA) has issued a public warning about scammers who are forging documents from the Maltese financial regulator to demand money from traders under the guise of fictitious market manipulation fines.
This scam primarily targets Bitcoin and Ethereum traders. The MFSA reported that fraudsters are sending fake documents to individuals involved in BTC and ETH trading, falsely claiming they are fined for alleged market manipulation and threatening regulatory action if they do not comply. The MFSA has confirmed that these threats are entirely fabricated and that the documents hold no legal validity. The counterfeit letters are meticulously crafted to mimic the MFSA's logo in an attempt to deceive recipients into making payments.
