Key facts
- A new non-profit organization named Crypto Watchdog has launched.
- The group's stated mission is to highlight risks associated with the cryptocurrency industry.
- Crypto Watchdog also aims to educate Americans about these risks.
- Chapin Fay is the executive director of Crypto Watchdog.
A new consumer advocacy group focused on the cryptocurrency industry, named Crypto Watchdog, launched on Tuesday. The organization intends to shed light on the risks associated with the sector and provide educational resources to Americans. Chapin Fay, executive director of Crypto Watchdog, stated that the group hopes to "bring sunlight to what has so far been a not very transparent industry."