to order or act where he has the duty, resulted in the offence committed by Zipmex concerning the case that since January 1, 2022, Zipmex has not been providing policies, measures, and guidance for

preparing, approving, and supervising advertisements. In this respect, Merkle published advertisements without providing a channel for investors to study Merkle’s historical performance. Furthermore, Merkle

and processes for preparing, approving, and supervising advertisements. In this respect, Merkle published advertisements without providing a channel for investors to study Merkle’s historical