Thursday, 01 Oct, 2026

Inside the Fall of Libra: David Marcus Alleges a "Political Hit Job" Killed Meta’s Crypto Ambitions

By Global Financial Desk Published: December 2024 Introduction: The Anatomy of a High-Stakes Regulatory Collision When social media giant Meta (then operating as Facebook) first unveiled its ambitious digital currency project—initially dubbed Libra and later rebranded as Diem—it sent immediate shockwaves through the global financial architecture. Backed by a powerful consortium of 28 corporate heavyweights […]