According to CoinMeta, as the advancement of the Clear Act faces challenges, a mysterious organization is placing ads in Washington to link cryptocurrencies with terrorists and drug dealers. The organization is called Crypto Watchdog and is led by media strategist Chapin Fay, with the aim of bringing sunshine and transparency to the over $2 trillion crypto industry. Fay states that the organization's mission is to inform policymakers and the public about the risks of cryptocurrencies. A recent survey indicates that 65% of respondents hold a highly skeptical attitude towards cryptocurrencies. The organization's efforts towards transparency do not extend to its sources of funding, and Fay remains silent about the identities of its sponsors.