Libra Project Collapse: Ex-Facebook Exec Reveals ‘100% Political Kill’

David Marcus, the former leader of Facebook’s now-defunct Libra project, has alleged that political resistance was the key factor behind the collapse of the stablecoin initiative. In a detailed post on X, Marcus stated that the project’s shutdown was a result of a “100% political kill,” citing behind-the-scenes actions by regulators and government officials as the main cause.  Facebook’s Libra... source: https://news.shib.io/2024/12/02/libra-project-collapse-ex-facebook-exec-reveals-100-political-kill/?utm_source=rss&utm_medium=rss&utm_campaign=libra-project-collapse-ex-facebook-exec-reveals-100-political-kill