Quote from Ndubuisi Ekekwe on August 25, 2019, 12:26 PM

Bad news for Facebook's Libra cryptocurrency project: some founding backers (who remain as yet unidentified) told the Financial Times that they're already considering pulling out, thanks to regulatory scrutiny that has somehow come as a surprise to them. Meanwhile, Facebook is apparently annoyed that other members of the nascent consortium aren’t backing the plan more vocally. (Fortune)