Rep. Sherman compares Facebook cryptocurrency to 9/11

Published July 17, 2019 8:23pm ET



Democratic California Rep. Brad Sherman compared Facebook’s new plans to develop a cryptocurrency to Osama bin Laden and 9/11 during a hearing on Facebook’s plan.

Sherman’s comments came during Facebook executive David Marcus’s testimony in front of the House Financial Services Committee. His appearance in front of the committee comes a month after Facebook announced its plan to create a new digital currency called Libra.

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