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@tew
Former Facebook executives revealed that the company's stablecoin and blockchain projects (initially called Libra, later renamed Diem) are finally coming to an end, causing many employees to leave and switch to other blockchain projects. The project was sold to Silvergate Bank in January 2022, which abandoned the project and cancelled its investment one year later. According to David Marcus, former project leader and former Coinbase board member, the political conspiracy behind the scenes was the root cause of the project's failure, and the government or regulatory agencies had no legal or regulatory perspective to strangle the project. This is 100% political strangulation - carried out by intimidating controlled banking institutions @tifjb
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