【Former Facebook Executive: Diem/Libra Stablecoin Became a Victim of 'Political Assassination'】Golden Finance reports that a former Facebook executive revealed that the company's stablecoin and blockchain project (originally called Libra, later renamed Diem) ultimately came to an end, leading many employees to leave and join other blockchain projects. The project was sold to Silvergate Bank in January 2022, which abandoned the project a year later and wrote off its investment. According to David Marcus, the project's former head and a former board member of Coinbase, the political conspiracy behind the scenes is the root cause of the project's failure, as government or regulatory agencies had no legal or regulatory angle to stifle the project. This is 100% political stifling—executed through the intimidation of controlled banking institutions.”