Christly Goldsmith Romero, a member of the US Commodity Futures Trading Commission (CFTC), compared the year 2022 with the conditions that caused the crisis in 2008 with the cryptocurrency market.
Romero October 26 In a speech he gave in New York on infection to the risk He drew attention to the fact that he called on the authorities to have more regulatory power over the markets.
commissioner, some crypto winter seen at the beginning of this movement, which he called security vulnerabilitiessimilar events seen in 2008 and increased market risks. He said he had warned against it.
In his speech, Romero partially “Far from transparency” caused by barter markets to the 2008 financial crisis when referring Terraform and hedge fund Three Arrows Capital drew attention to events such as the collapse.
of the 2008 crisis of the regulators, unregulated companies and products because of failure to recognize real market risks over getting deeper member of the commission, stating that today that risks are not clearly visible in unregulated crypto markets suggested.