Hundreds of women have shared horror stories, after brand strategist Zoe Scaman penned a letter exposing the sexual harassment and mistreatment she has endured in her two decades in the ad industry. Twelve years ago, advertising and brand strategist Zoe Scaman was sexually assaulted by her boss after he followed her into a washroom stall on a work night out. The next morning, while sitting six feet away, he sent her an email suggesting she “forget about last night,” because he had a wife and kids, as if what happened was either consensual or mutual. It was neither. Scaman told a few people about it, but the general response was that she shouldn’t “kick up a fuss” because “it wasn’t worth it.” That same man went on to become a client at her next agency job, where she often hide and cry when he was in the building. This is just one incident of many over the course of her career that Scaman details in a new essay. The founder of UK strategy studio Bodacious, has built a following on Twitter around her insights on consumer culture and brand strategy, and a resume that includes global advertising names like Droga5 and Universal McCann, as well as work on major brands like Adidas and Nike. On Sunday, she published the piece on her “Musings of a Wandering Mind” newsletter that has caused the ad industry to really sit up and take notice. Mad Men. Furious Women.” begins by chronicling a few of the incidents of sexual harassment, bullying, and gaslighting she has experienced over her 18-year career. The essay also includes a number of anonymous accounts from others. It paints a picture of an industry that sees itself as progressive and innovative, but still has a long way to go when it comes to the treatment of women in its ranks. We like to believe that misogyny and the mistreatment of women is a thing of the past, it is not,” she writes. “Instead it has morphed and evolved into something insidious; no longer overt and no longer a common occurrence carried out in public for all to see. Instead it’s moved behind the curtain where it operates in the shadows, in private messages, in whispered comments and in the deeply disturbing behaviour [SIC] many of us experience individually, quietly, and about which, due to fear of reproach or reprisal, we rarely share openly. ADVERTISEMENT The idea for the piece came out of a conversation with a fellow ad strategist she had just met, who made the move to London from New York.Within a few minutes we were warning each other about who to avoid in the different markets, and sharing horror stories,” Scaman tells Fast Company. “At one point we both sat there and said, ‘Hold on a second, what are we doing?’ We were shocked at that behavior, but it’s become so normalized for women, not just in advertising but most industries. I just found myself incensed that this had become normalized to the point where we didn’t question the fact we’re warning other women how to stay safe in their workplace. In late 2017, around the same time Hollywood was in the midst of its MeToo reckoning with allegations against Louis CK and Ashley Judd’s accusations against Harvey Weinstein, an anonymous Instagram account called Diet Madison Avenue began sharing accusations of sexual harassment and mistreatment in the ad industry. Diet Madison Avenue named names and called out executives who had recently been fired from major agencies. Former chief creative officer at The Martin Agency Joe Alexander sued both Diet Madison Avenue and his former employer, after he was fired following multiple sexual harassment complaints. The former suit was dismissed in 2020. Amid several other defamation suits, Diet Madison Avenue shut down its social accounts and website in May 2018. Scaman sees these incidents as just the tip of the iceberg. The ad industry was long known as a fun time boys club, one that closely reflected the grab-ass banter and darker undertones of the fictional hit TV show Mad Men. That sexism was apparent in the work. Taglines like “Is it always illegal to kill a woman? and Keep her where she belongs” were common in the 1960s, but still held a grip well into the 21st century.  In more recent years, many brands and advertisers have begun to use the language of empowerment in their pitches, giving a false impression that misogyny, gender pay gaps, and other sexist behavior are relics of the past. In the last two days, Scaman has received hundreds of stories from women around the world, detailing their own traumatic experiences. Many others have taken to Twitter to retweet the newsletter and share stories.

*Crypto exchanges can run into trouble with investors, regular users or even regulators, but the impact may be on many. *Big exchanges like Binance, Bithumb, and others are facing lawsuits in various countries. *The US Securities and Exchange Commission s (SEC) investigation into Ripple could also hurt investors, depending on the outcome. Most of the hype about cryptocurrencies talks about the impact of regulations, the massive jumps in prices, and the ensuing profits that people make. But, it s not all rainbows and sunshine. Just like any other financial asset, crypto trading and investments do go wrong. In fact, experts have often warned that people shouldn t put more than 5% of their portfolio into crypto. Some even say that any money that a person puts in cryptocurrencies, they should be prepared to lose altogether overnight gains can just as quickly become overnight losses. So, what happens when crypto investments go awry? Here s a quick look at some examples from around the world. A class action lawsuit has been filed against the world largest crypto exchange for glitching in Italy A group of investors are suing the world s largest crypto exchange Binance. Legal and consulting firm a href="https://www.lexia.it/en/2021/07/07/lexia-avvocati-ha-ricevuto-incarico-di-assistere-un-gruppo-di-investitori-per-lavvio-di-uniniziativa-legale-nei-confronti-di-binance/ Lexia Avvocati announced on July 5 that they will be taking legal action against Binance for trading losses suffered due to outages the platform suffered on various days April 18, May 5, May 19, May 28, June 4, and February 8, which is the day when Tesla announced its $1.5 billion purchase of Bitcoin. /strong> br /> br /> strong>The law firm has filed a class action lawsuit against the crypto exchanges because the “anomalies in the functioning of the trading platform” caused certain inventors to lose money on futures. Futures are a type of derivative financial instrument that allows traders to buy or sell a particular a href="https://wazirx.com/signup?invite=2kpah6gr&utm_source=business-insider&utm_medium=referral&utm_campaign=microsite cryptocurrency at a predetermined price at a specified time in the future. /strong> br /> br /> strong>The complainants are alleging that the compensation Binance has offered right now is a “pitiful amount” and has given the company till July 12 to come up with an appropriate offer. They also threatened to seek regulatory help from the European Union and in Switzerland. The lawsuit could put Binance in a tricky situation, because if it accepts the requests from the complainants, it may have to pay out the same amount to all other investors as well. On the other hand, winning a lawsuit like this could also absolve Binance of the need to pay any compensation at all and set a new standard for the overall crypto industry. South Korea s largest crypto exchange is being sued for fraud Subsidiaries of South Korean exchange, Bithumb, are facing allegations of breach of contract in Hong Kong, and their top executives are facing criminal charges of fraud. This comes after the same investor, whose name was not disclosed by a href=https://www.koreatimes.co.kr/www/biz/2021/07/602_311706.html The Korea Times , had already filed a criminal suit in Korea that has been pending for the last nine months.The accusation is that Bithumb acted in bad faith when it announced plans to open up an exchange in Thailand. Instead of establishing a crypto exchange, the company only used its announcement to get people to invest the BXA coin a virtual asset issued by BK Group Chairman Kim Byung-gun, who had once attempted to take over the firm. /strong> br /> br /> strong>When Kim gave up on that plan due to financial reasons, the coin never got listed on Bithumb. “After Bithumb stopped its BXA coin business, its Thai operation became unnecessary, so the company ended its business in Thailand unilaterally, causing serious damage to us, the Thai partner told The Korea Times. They are looking for 100 billion won in compensation and another lawsuit may get filed by one of the crypto exchange s former partners in Japan where Bithumb also tried to open up a crypto exchange but was unsuccessful. In the US, Ripple s fate hangs in the balance One of the biggest and most consequential lawsuits against crypto companies is the one filed by the US Securities and Exchange Commission (SEC) against Ripples XRP token. The company, which runs one of the largest tokens by market capitalization, has been accused of raising over $1.3 billion through unregistered, ongoing digital asset securities offerings”, according to the a href="https://www.sec.gov/news/press-release/2020-338 SEC . /strong> br /> br /> strong>While the case is between a financial authority and a large blockchain firm, it s unclear what the outcome will be. a href=https://www.businessinsider.in/stock-market/news/xrp-delisted-on-more-platforms-following-secs-ripple-complaint/articleshow/80048490.cms Experts have noted that it could affect many investors who have invested in XRP around the world. The token has already been a href="https://www.businessinsider.in/stock-market/news/xrp-delisted-on-more-platforms-following-secs-ripple-complaint/articleshow/80048490.cms delisted by cryptocurrency exchanges like Bitstamp, OSL, Crosstower and Beaxy.Phil Liu, the chief legal officer at Arca, told a href="https://www.businessinsider.in/stock-market/news/xrp-delisted-on-more-platforms-following-secs-ripple-complaint/articleshow/80048490.cms Business Insider the SEC lawsuit is a risk for the XRP token and a more serious one for Ripple. According to him, XRP has “one foot in the grave”. And, that could mean the end of Ripple if it s unable to raise funds by selling its digital token. a href= https://forum.businessinsider.in/ For a more in-depth discussion, come on over to Business Insider Cryptosphere a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: a href="https://www.businessinsider.in/cryptocurrency/news/visa-is-partnering-with-over-50-crypto-companies-to-allow-clients-to-spend-and-convert-digital-currencies/articleshow/84203557.cms Visa is partnering with over 50 crypto companies to allow clients to spend and convert digital currencies /strong> br /> br /> strong> a href="https://www.businessinsider.in/cryptocurrency/news/ceo-of-the-worlds-largest-cryptocurrency-said-that-financial-assets-like-cryptocurrencies-only-come-along-once-in-a-generation/articleshow/84164488.cms The CEO of the world s largest cryptocurrency asset manager reckons that crypto as an asset class is here to stay Here are 12 of his best quotes https://www.businessinsider.in/cryptocurrency/news/indias-new-crypto-regulations-are-ready-for-the-monsoon-session-of-parliament-according-to-sitharaman/articleshow/84168068.cms India's new crypto regulations are ready for the monsoon session of parliament, says the countrys Finance Minister SIMPLY PUT - where we join the dots to inform and inspire you. 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