ChainCatcher news, according to Cryptonews, the French Financial Markets Authority (AMF) reports that cryptocurrency-related scams are the main cause of losses amounting to approximately 500 million euros per year for victims. French authorities have strengthened cooperation with the Paris Public Prosecutor's Office, the Financial Regulatory Authority (ACPR), and the General Directorate for Consumer Affairs and Fraud Control (DGCCRF) to jointly address this issue.

The AMF pointed out that the scale of scams remains enormous. In particular, scams driven by social media, influencers, and identity theft, where scammers deceive the public through deepfake videos, fake news, and impersonation of government agencies.