๐จ๐ฅ CRYPTO SCANDAL OF THE DAY! X (Twitter) is under FIRE โ and Elon Musk just got hit with a โฌ5 MILLION fine!
The crypto market is heating up again, and this time the storm is centered on Muskโs platform.
The Spanish regulator CNMV officially slapped a โฌ5,000,000 penalty on X for allowing fraudulent crypto ads that bypassed any form of verification ๐ณโก
According to the regulator, X violated EU rules by letting unlicensed companies promote misleading tokens.
In simple terms โ scammers just got the punch of the year ๐ฃ๐ฅ
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๐ฃ Why this changes the game
โ Europe is moving into full crackdown mode on crypto advertising
โ Platforms must now vet every project before ads go live
โ Fake tokens fall โ legit projects rise
โ Investors will see fewer โgarbage coinsโ and more trustworthy opportunities
Analysts say this incident will force X โ and every major social platform โ to tighten crypto ad filters like never before.
Memecoins, scams and โmiracle projectsโ will have a MUCH harder time going viral ๐ซ๐ถ๐
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๐ฅ What it means for the market
๐น A new era is starting โ clean and regulated crypto advertising
๐น Top-tier projects (SOL, AVAX, ETH, POL, XAI) gain a major advantage
๐น Scam tokens are getting locked out
๐น Investors can expect more clarity, more transparency, and a wave of institutional confidence ๐ผโจ
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โ ๏ธ The market is getting ruthless toward fakesโฆ
But for real projects, this is a massive boost ๐๐ฅ
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๐ Follow so you donโt miss the hottest Binance-level crypto news & insider updates! ๐๐ฅ $ETH $AVAX $SOL
