Mark Nuvelstijn Resigns: Bitvavo's Governance Crisis
The Fall of a CEO and the Shaking of Crypto Confidence The recent resignation of Mark Nuvelstijn, CEO of the prominent Dutch cryptocurrency exchange Bitvavo, has sent shockwaves through the industry. Nuvelstijn's departure, clouded by allegations of money laundering and insider trading, highlights critical governance failures and underscores the urgent need for stronger regulatory frameworks within the volatile cryptocurrency market. This event serves as a compelling case study demonstrating the significant risks associated with inadequate internal controls and oversight within cryptocurrency exchanges....