A crypto advocacy group ran ads during prime time on Fox News opposing the DeFi provisions of the Crypto Structures Act.

According to Mars Finance, crypto journalist Eleanor Terrett posted on the X platform that a newly emerging crypto advocacy group, the "Investors For Transparency Alliance," ran ads during prime time on Fox News, urging public opposition to the decentralized finance (DeFi) provisions in the upcoming crypto market structure bill. The bill, scheduled for a vote next week, has seen its DeFi provisions become one of the most controversial parts, sparking heated debate among legislators, traditional finance (TradFi), and within the cryptocurrency industry. Notably, UniSwap founder Hayden Adams' disclosure of the crypto advocacy group's funding sources and supporters appears to be highly "mysterious" and has not yet been publicly disclosed.