Facebook warns investors that Libra digital currency may never see the light of day

its Libra digital currency in 2020, a number of factors could keep that from happening.

"Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue," Facebook said in its filing with the Securities and Exchange Commission.

Source: Digital Coin News (digitalcoinnews.net)

They played this libra pump and dump bs for 50pts and retail are holding the bag now.

*fake gasp* shocking

This guy is running a racket. He was a Republican Troll master that gave away the data of millions of his subscribers to Cambridge Analytica. Trump used this& other analytics to help the Russians find a way into the hearts of the easily influenced. Moscow Mark cannot be trusted

facebook already abused our privacy and list control of user data for financial gain, now they want to control our money when they failed to manage our privacy? WSJ Reuters verge business

sal19 : Could you specify the source document for this quote? I went through all documents available at to find the quoted statement. Thank you in advance!

Once you stop going fast and slow breaking things, others will take that opportunity facebooknews

Awww shucks

Will Tim cook warn investors about the anti-trust case against its app store though 😆

CSchneider_1978 Conspiracy theory - Maybe there never was a Libra coin...🧐

Ripple killer?

Good news

Let’s hope

Wouldn’t surprise me if this was a a ploy to bring more attention to the cryptospace after having a meeting with Ripple since they’re all neighbors and buddies in Silicon Valley. Mayb they made a deal behind the scenes that wud benefit them both in some way by bringing attention

Thats actually pretty obvious, neither Facebook or Libra has any future.

CryptoCX1 And THIS is why 100% decentralization is mandatory.

Thanks for your $10M and I'll have some more, says Mark Z... 😉 Thanks for the publicity FB. XRP is, will be, will always be the standard! xrpthestandard xrparmy xrpthestandard

XRP

XRP

Would the companies who all paid $10m get a refund?

$xrp

The libracoin libra was dead on arrival from day one. The coin of facebook that has a horrendous reputation on privacy & more; no thanks! Facebook should've just integrated Bitcoin, litecoin or XRP; that would've made more sense. Good riddance Libra_ & don't come back!

Good

XRP killer. 😂 😂 😂

it should go absolutely NOWHERE... FaceBook is far too big already. They can't even control themselves. Dismantle ASAP. Wait... let me save my shi* first.

Perfect timing....coincidence? I think not!

Good.

CryptoCX1 Because $XRP.

Definition of libra:a crypto currency backed by real money, but terms of current internet's non-neutraliyity is applied.....😕

How’d it go from Facebook. To digital wallet. And based off likes. Ohh naw baby. The government gunna be like. Ughhh. They can’t have a family. They look cute together. Zero dollars in They’re account. Muahahahahahahahahhahaa.

Shoulda gone with Bitcoin. 🙄

CryptoCX1 lol , never ?

are we ever safe from FB ?

Please, if theres a God, let this be the truth...

Can you really trust what Mr. Facebook says? 🧐🧐🤣

Good, Facebook has enough trouble with Russian criminality.

Poop 💩

What a pump and dump from $150-210. Thanks for playing.

Would be interesting for facebook to say FU to all the governements and invest corporate funds into bitcoin

Good. I hope it doesn't. FB only wants to control every aspect of our lives. So does Google...

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook Is Already Dealing With Scams For Its Own CryptocurrencyAs Facebook faces skepticism from regulators that it can handle launching its cryptocurrency, a raft of fake accounts and scams purporting to sell Libra have cropped up on its own platform CivicScience looked into general interest and public concerns surrounding Libra when the news first broke. In a survey of 1,799 U.S. adults, just 5% total expressed any level of interest in the proposed digital currency. rachsandl
Source: Forbes - 🏆 394. / 53 Read more »

Facebook's regulatory woes are now affecting 'the fundamental business in ways we haven't seen before,' analyst warnsFacebook is now facing an antitrust investigation from US regulators, and it could have an impact on the company's bottom line.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump Warns 'Gutless' Antifa May Be Branded Terror Group As Far-Right Killings RiseThe loose collection of groups of antifascist protesters haven&39;t been linked to a single death, while right-wing extremists&39; tally mounts. Far Right? LOL You people are so far left that you redefined the boarders, JFK would be now classified as a far right extremest. YAHOO News can't get anything honest or right. Yeah, those thugs throwing milkshakes are a serious issue. 🙄
Source: YahooNews - 🏆 380. / 59 Read more »

Barclays, JP Morgan among banks facing UK class action over currency-riggingBarclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over ... So much for their so called repute....in the category of trusted banks. Leading global Banks, Rating Agencies, Auditors: all Gods with feet of clay? too little too late. Bitcoin is coming for all of them.
Source: Reuters - 🏆 2. / 97 Read more »

Next IMF chief must be 'ready to go to war' – trade and currency, strategist saysThe next head of the International Monetary Fund (IMF) will have to deal with trade wars, currency manipulation and new digital currencies, a strategist told CNBC Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Barclays, JPMorgan, UBS and Citi are among banks facing London lawsuit on currency-rigging allegationsIt's the latest test of Britain's US-style class action regime. BIAUS Yanks
Source: BusinessInsider - 🏆 729. / 51 Read more »