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FB scandal firm planned to launch own cryptocurrency: Report
short by Aditi Verma / on Wednesday, 18 April, 2018
Facebook data scandal-linked firm Cambridge Analytica was planning to raise $30 million by issuing its own cryptocurrency, reports have said. "Prior to the Facebook controversy...We were exploring multiple options for people to...monetise their personal data, including blockchain technology," Analytica said. It had approached a firm that advises companies on structuring an initial coin offering.
read more at Reuters