Cambridge Analytica Reportedly Planned To Release Digital Currency


Cambridge Analytica was planning to raise money by issuing a digital currency prior to becoming involved in a scandal regarding the misuse of data from Facebook, sources familiar with the matter told Reuters April 17.

Sources say that Cambridge Analytica had consulted with a firm that advises companies on how to structure Initial Coin Offerings (ICOs).  While it is unknown if the data analytics consultancy is still pursuing plans to develop a digital currency, a spokesman told Reuters that the firm was considering using Blockchain to secure online data: 

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