'Facebook is dangerous': Senators rip firm's foray into digital cash

Sen. Sherrod Brown put it the most bluntly, but few of his colleagues on the Senate Banking Committee demurred: Every time Americans trust Facebook, they seem to get burned.

Given the social media pioneer’s failure to protect user data, two investigations by the Federal Trade Commission in the past decade and its misuse by Russian agents in the 2016 presidential election, the Ohio Democrat asked why the U.S. or any world government should have confidence in Facebook’s development of a digital currency.