Consumer Advocate Alliance urges members of the Libra Association to withdraw from Facebook's cryptocurrency program

An open letter signed by the Open Markets Institute, the Consumer Citizen, the Revolving Door project, and the Demand Progress Education Fund called for members of the Libra Association to be a business and finance Respected members of technology, technology and civil society have joined the Libra project. Advocates ask Libra members (including Visa, Mastercard, Paypal, and Uber) not to be scared by Facebok. Specific reasons include Facebook's unclear goals and Libra's potential for money laundering, terrorist financing, and bankruptcy.