Although the ads have gained hundreds of thousands of views on YouTube, reaction hasn't been universally positive — with a former SEC branch chief among the critics.
A new ad campaign that warns Americans about the dangers of investing in crypto has received a backlash on social media.
In one advert, the contestant chooses the Celebrity Endorsements category, and a video begins to play that says:The contestant then excitedly declares "I'm in!" — only for a big red cross to appear on the screen, with a narrator explaining:Another ad shows a man confronted with game show categories that include stock tips from your uncle, FOMO, crypto to the moon, tulip bulbs, and timing the market.
A different player says she's going to do her own research before picking an investment, prompting the pie-covered man to ask "We can do research?" as the audience titters.Lisa Braganca claimed the ads disparaged investors who opted for meme stocks — and said the money used to create this campaign would have been better spent "stopping short seller abuses of retail.
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