Highlights from Facebook’s Libra Senate hearing | TechCrunch

Disgusting.

Perhaps the most worrying moment of the hearing was when Senator Sinema brought up TechCrunch’s article citing that “The real risk of Libra is crooked developers.” There I wrote that Facebook’s VP of product Kevin Weil told me that “There are no plans for the Libra Association to take a role in actively vetting [developers],” which I believe leaves the door open to a crypto Cambridge Analytica situation where shady developers steal users money, not just their data.

https://techcrunch.com/2019/07/16/libra-in-messenger-whatsapp/?guccounter=1