The US Securities and Exchange Commission (SEC) warned investors with its public service announcements.
SEC, Wednesday, June 1 day aimed at educating potential investors He broadcast public service ads titled “Investomania”.
in videos, crypto speculations over including some high-risk investment options together, the SEC, in each “Investing is not a game” audiences with videos that emphasize his message. Do your research before investing your savings. encourages.
In one of the videos, the fake host invites the contestants to choose from a series of questionable investments. Among the options “stock tips from your uncle“, “breast stocks” and “crypto to the moonThere are a number of options such as ”.
In another video, a fake celebrity is given to the contestant who says that he will get the approval of the celebrities. “You should buy crypto, trust me I’m an actor” gives the answer.
SEC Chairman Gary Gensler in a statement he made, “It is more important than ever for investors to take the time to educate themselves.” used the phrases.
It is stated that the public service ads are the last move of the SEC against the social media phenomena that support crypto projects and crypto ads that are growing in popularity, such as during the SuperBowl.