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Libra’s Dirty Secret: Blockchain Firm Claims Facebook Stole its Crypto Model

P. H. Madore
Facebook is now embroiled in a new controversy where it's alleged to have stolen its crypto concept from a blockchain firm. | Source: REUTERS/Elijah Nouvelage

By CCN Markets: Blockchain company Hedera took an ad out in this morning’s Wall Street Journal thanking Facebook for flattering them with their copycat governance model.

Facebook, Libra

Blockchain outfit Hedera thanked Facebook with a full-page ad this morning in the Wall Street Journal. Source: Hedera/Wall Street Journal

The ad reads:

“Thank you Facebook Libra. Imitation is the sincerest form of flattery.”

Facebook: Stealing Logos and Governance Models Since 2018

The move brings to mind Apple’s 1981 Wall Street Journal jab at IBM:

Read the full story on CCN.com.