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Re:Facebook reveals its cryptocurrency Libra by mtgx on Tuesday June 18, 2019 @09:34AM (#20212779)
The better question is "Why does Facebook think that being based in Switzerland will protect them?

It's been a while since Swiss banks were last immune to U.S. government pressure. Or even pressure from other countries. I can't bother to find the links now, but there were a couple of stories during Obama's time, about the US government arresting people based on their financial transactions in Switzerland.

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