Sherrod Brown, US Senator from Ohio and Chairman of the Senate Banking Committee, Crypto ads in the Super Bowlcriticized the
Known for his distanced stance against cryptocurrencies, Brown told all crypto companies that advertised during the Super Bowl last weekend. criticism brought.
Emphasizing that he has never seen the Federal Reserve buy a multimillion-dollar ad for US dollars, Brown said that the Super Bowl crypto ads skipped some points.
The chairman of the US Senate Banking Committee has argued for some time that crypto assets “will put Americans’ hard-earned money at risk.” In November 2021, Brown sent a letter to stablecoin issuers and crypto trading platforms such as Tether, Coinbase and Gemini, expressing concern about protecting US investors.
Brown, who made the cryptocurrency ads he saw during the Super Bowl played last Sunday a subject of discussion, said, “If you watched the Super Bowl on Sunday, like most Americans, you may not have understood anything from the ads you saw. Because no one knows exactly what cryptos are. Even people who buy crypto often don’t really understand it.” said.
The ads in question fraudtan and downright theftUnderlining that they did not talk about cryptocurrencies, Brown said that none of them big price changesat the big lossesHe stated that he did not indicate that it could cause a Not to mention the high fee pocketed by crypto companies and furthermore the fundamentals of crypto markets. investor guardsfrom and surveillanceHe added that they certainly did not explain that he was deprived of his health.
Brown also noted that the US central bank never advertised the US dollar, questioning why companies should spend millions on advertising.