Crypto Currency

Facebook battles fake Libra sellers before launching its controversial cryptocoin

Libra already has the dubious honour of being so dodgy that its dodginess is pretty much the only thing U.S. lawmakers from both sides of the aisle  can . It’s been dubbed a “shitcoin” by a sitting congressman, put on tweet-blast by Donald Trump, and sent some other cryptocurrency prices tumbling. To top it all…


Libra already has the dubious honour of being so dodgy that its dodginess is pretty much the only thing U.S. lawmakers from both sides of the aisle  can . It’s been dubbed a “shitcoin” by a sitting congressman, put on tweet-blast by Donald Trump, and sent some other cryptocurrency prices tumbling.

To top it all off, is inspiring some online (ahem) entrepreneurs to try to sell Libra — even though it won’t be available until 2020.

AWashington Post that “roughly a dozen” pages across Facebook and Instagram are pretending to be authorised hubs where users can purchase the currency, using official marketing images and designs, and sometimes even photos of Mark Zuckerberg. Some promise discounted rates available on external third-party sites. 

One video viewed by thePostshowed Zuckerberg accompanied by a voiceover explaining the currency, and claimed 20 million “coins” had already been distributed to “early investors.”

With onlooke

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