US Senators label Facebook Libra "delusional" and "crazy"

By Pete Schroeder and Katie Paul on Jul 17, 2019 6:02AM

Trust deficit bites.

US Senators from across the political spectrum have said that Facebook's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labelling the plan "delusional" and "crazy" at a hearing. Facebook's plan to launch its 'Libra' cryptocurre...

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