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Many public figures have since expressed their outrage once they discovered the true nature of the projects they were attached to. However, listeners are left to ponder how much responsibility these celebrities bear in their endorsements. Despite their claims of ignorance, one can question why public figures do not utilize thorough vetting processes before attaching their names to a venture—especially in a notoriously volatile market like cryptocurrency.
One of the most telling reactions came from Iggy Azalea, who plainly stated that ignorance cannot continue to be an excuse for individuals not understanding their endorsements. Her sentiments resonate with a growing call for greater accountability among celebrities in financial promotions.