Crypto Leaders Push Back on the Campaign

[madtrader]

The ads have drawn sharp criticism from within the crypto industry. Hayden Adams called the campaign “ironic,” pointing out that a group named Investors For Transparency is lobbying anonymously against DeFi while disclosing little about its own funding sources.

Many in the crypto community see the effort as an attempt to shape legislation behind the scenes, framing DeFi as a danger rather than a parallel innovation. The backlash highlights a growing cultural and political divide between decentralized protocols and established financial institutions.

[bonk]

calling defi dangerous while doing backroom ads feels very tradfi-coded