Montserrat Martinez Parera, vice president of the CNMV, stated that one of the things that allowed the events involving FTX to develop was the lack of control exerted by some countries.
Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the crypto exchange FTX, and that anyone looking at crypto as an investment must be very careful due to the lack of regulation in the area.The Spanish securities regulator, the CNMV, has given its opinion about the recent downfall of FTX, one of the top three crypto exchanges at a worldwide level. At the inauguration of a public congress on Nov.
Martinez Perera’s criticism also tackles the way in which some of these cryptocurrency platforms purposely employ the help of influencers to advertise their services, often offering big yields to their audiences on platforms like Instagram or Twitter. She declared:
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