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[Live Coverage on Libra Hearing] Carolyn Maloney Asks Facebook To Commit To Not Using Anonymous Wallets

Ramsey Baker

Summary: Congresswoman Carolyn Maloney discussed how shell companies are used to launder money, fund terrorism and general criminal activities. Maloney then stated that anonymous cryptocurrency wallets can be used in much the same way and asked If Mark Zuckerberg would commit to not using anonymous wallets. Zuckerberg responded that Facebook would commit to making sure that ...

Congresswoman Carolyn Maloney discussed how shell companies are used to launder money, fund terrorism and general criminal activities. Maloney then stated that anonymous cryptocurrency wallets can be used in much the same way and asked If Mark Zuckerberg would commit to not using anonymous wallets.

Zuckerberg responded that Facebook would commit to making sure that their wallet is up to the standards, but he cannot speak for the entire independent Libra organization.

By Ramsey Baker

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Link: [Live Coverage on Libra Hearing] Carolyn Maloney Asks Facebook To Commit To Not Using Anonymous Wallets   [Copy]
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