Consumers’ Research Launches Campaign to Warn Consumers about Stablecoin Tether

Washington, June 18, 2024 /PRNewswire/ — Today, Consumer Research A multi-million dollar campaign was launched. Tether (USDT), the so-called Stablecoins It’s commonly used by some of the world’s worst actors, and has drawn understandable scrutiny over its legitimacy.

“Since 1929, Consumers Research has served as a market watchdog, warning consumers about bad actors and unsafe products.” The executive director of consumer research said: Will Hild“Technology has changed dramatically over the past 95 years, and money itself is undergoing a revolution, but our mission remains the same.. We are shining a light Tether This comes after a decade of refusals to be audited and questionable business practices, including the routine use of their products by terrorists, drug dealers, and human traffickers. Given these warning signs, Tether It will probably be the next FTX. Consumers will be able to Stablecoins They refuse to adequately prove that they actually own the assets they claim.”

In this campaign, Tether It poses a threat to consumers. Tether Chronically investigation for scamBut they have refused to conduct an independent audit. Reports It is the go-to payment method for cartels, human trafficking networks, sanctions evaders and terrorist organizations like Hamas.

The launch of the consumer research campaign includes:

  • New TV Advertisement From the back 7 digits Nationwide purchase
  • New website, translator
  • Giant digital billboard in Times Square
  • A series of mobile billboards installed at key locations Washington DCand New York City
  • Targeted digital campaigns

About Consumer Research:
Consumer Research is an independent educational 501(c)(3) nonprofit organization whose mission is to increase consumers’ knowledge and understanding of the issues, policies, products and services that concern them and to promote the freedom to act on that knowledge and understanding. Consumer Research believes that the cost, quality, availability and variety of goods and services used or desired by American consumers, in both the private and public sectors, will improve with increased consumer knowledge and freedom.

Source: Consumer Survey

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