EmpiresX has acquired a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores.
As per the CNMV’s January seventeenth warning, EmpiresX
just isn’t authorised to supply the funding providers detailed in Article 140 of the Spanish Securities Markets Act, which embody funding recommendation.
That is the equal of a securities fraud discover in different jurisdictions.
EmpiresX is an MLM crypto Ponzi that surfaced in mid 2021. By October EmpiresX had disabled withdrawals.
Buyers continued to be strung together with company updates until January 18th, whereby EmpiresX introduced it was shutting down.
EmpiresX is run by Emerson Pires (Florida, US) and Flavio Goncalves (Brazil).
Neither Pires or Goncalves have made a public look since early January.