RATE Group | Sheryl Sandberg in talks to testify on Facebook’s cryptocurrency Libra
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Sheryl Sandberg in talks to testify on Facebook’s cryptocurrency Libra

28 Sep Sheryl Sandberg in talks to testify on Facebook’s cryptocurrency Libra

Posted at 06:17h in Cryptocurrency News by

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Sheryl Sandberg, chief operating officer of Facebook Inc., speaks during a Senate Intelligence Committee hearing on Wednesday.

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Facebook COO Sheryl Sandberg is in talks to testify on the company’s new cryptocurrency plans as soon as next month, a source familiar with the matter told CNBC.

Sandberg’s last official testimony on Capitol Hill was in September 2018 alongside Twitter CEO Jack Dorsey. The executives appeared in front of the Senate Intelligence Committee to discuss election-related abuse after reports revealed coordinated misinformation campaigns on their platforms around the 2016 U.S. presidential election.

Facebook’s plans to introduce a new cryptocurrency called libra has once again riled up lawmakers, who have already questioned the project’s leader about how it would impact the value of the U.S. dollar and how consumers could trust Facebook with their money after a series of privacy scandals. Facebook would likely hope that testimony from Sandberg could ease…

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