#FTX? What happened?
FTX collapse is likely to cause major detriment to 🇪🇺 retail investors. The drop in value, #CryptoAssets risk and huge price volatility as well as aggressive marketing are among the implications for investors.
🔴 #ESMA statement → https://europa.eu/!JrG3Vy
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1597904902935949313
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⚠️ ESMA has neither regulated nor supervised #FTX. We do not have access to any information on the company beyond what is in the public domain.
👉 corroborate evidence that corporate governance and controls in #CryptoAsset space at large may be very weak
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1597904907381919744
