Home Business Carpe ‘Diem’: Lawsuit threatened over Fb’s Libra rebrand plan

Carpe ‘Diem’: Lawsuit threatened over Fb’s Libra rebrand plan


Carpe ‘Diem’: Lawsuit threatened over Fb’s Libra rebrand plan

Fb (NASDAQ:) has been hit with threats of authorized motion over its plan to rebrand the Libra stablecoin mission to ‘Diem’ from a finance software of the identical title.

Fb introduced its plan to rebrand Libra on Dec. 1, with the agency claiming the brand new title would assist the revamped mission distance itself from the extraordinary regulatory pushback confronted by Libra when it was introduced final 12 months.

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