X Fined 5 Million Euros in Spain over Cryptocurrency Ads
28 Articles
28 Articles
On the social network owned by Elon Musk, advertisements can be found for cryptocurrency, but they are particularly driven by actors who are not entitled to operate.
The ads — published on the social network X — simulated news with famous ones who would have had great profits with investments in the box or in cryptomomes, via a Quantum AI platform.
The social network, owned by billionaire Elon Musk, was called into question for the non-compliance with the regulations on the advertising of financial products.
The National Securities Market Commission (CNMV) has imposed a fine of 5 million euros on Twitter International Unlimited Company for failing to comply with the laws on the...
The stock market supervisor points to a “very serious continuing infringement” due to a lack of vigilance as to whether companies like Quantum IA contract with the authorization to operate in investment markets
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