FTC’s record $5 billion fine of Facebook could play havoc with Libra

The Federal Trade Commission (FTC) has reportedly approved a settlement of about five billion dollars with the social media giant Facebook over the 2018’s scandal of Cambridge Analytica. As per reports, the Republican commissioners are voting for the decision, while the Dems who may have helped the incumbent U.S President Donald Trump are voting against the decision of FTC, as, they were the victims of data breaching by Cambridge Analytica. The imposed fine of five billion dollars is the largest in the history of FTC; the amount of the fine represents Facebook’s one-month income. However, even this privacy violation event