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SEC ‘Investomania’ Satire on Memes, Crypto Sparks Outrage Online

The agency was criticized on social media over its educational ‘Investomania’ campaign meant to encourage caution.

Ashley Duncan checks the twitter account of her newest NFT endeavor "She Survives" in Lewisville, Texas, U.S. earlier this year.

Ashley Duncan checks the twitter account of her newest NFT endeavor "She Survives" in Lewisville, Texas, U.S. earlier this year.

Photographer: Kathy Tran/Bloomberg

A new public-service campaign custom made for investing during these meme-filled times is sparking outrage from some on social media who say it pokes fun at the very people it’s meant to educate. 

The pushback is less about the spot, which features a satirical TV game show called “Investomania,” than it is about who’s behind it: the US Securities and Exchange Commission.