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Photo: Chesnot/Getty Images

With Facebook's announcing its Libra cryptocurrency, scammers have flocked to purchase domains that could easily be mistaken for legitimate Libra sites, say threat intelligence group Digital Shadows.

The big picture: Not all of the roughly 250 Libra and 100 Calibra sites that were registered within 24 hours of Facebook's June 18 announcement are scams.

  • "A lot of them are parked domains," said Digital Shadows' Harrison Van Riper, but the company has already found several sites deliberately trying to trick consumers into giving up cash.

Background: If regulators let Libra launch, Facebooks' entry into cryptocurrency will be released in 2020. The company will also offer a cryptocurrency holding service, known as a wallet, called Calibra.

Details: Digital Shadows has found several sites that copy the formatting of Facebook's own Libra site, sites selling access to the still unreleased cryptocurrency, and one that decided to give up midway through its scam. ("[S]orry Zuck. All funds are refunded," read a goodbye message.)

What they're saying: A Facebook spokesperson emailed: “We’re aware of the issue and will work with the Libra Association to take appropriate action.”

Go deeper

House passes sweeping election and anti-corruption bill

Photo: Win McNamee via Getty Images

The House voted 220-210Wednesday to pass Democrats' expansive election and anti-corruption bill.

Why it matters: Expanding voting access has been a top priority for Democrats for years, but the House passage of the For the People Act (H.R. 1) comes as states across the country consider legislation to rollback voting access in the aftermath of former President Trump's loss.

Updated 6 hours ago - Politics & Policy

House passes George Floyd Justice in Policing Act

Photo: Stephen Maturen via Getty Images

The House voted 220 to 212 on Wednesday evening to pass a policing bill named for George Floyd, the Black man whose death in Minneapolis last year led to nationwide protests against police brutality and racial injustice.

Why it matters: The legislation overhauls qualified immunity for police officers, bans chokeholds at the federal level, prohibits no-knock warrants in federal drug cases and outlaws racial profiling.

8 hours ago - Politics & Policy

Senate Republicans plan to exact pain before COVID relief vote

Sen. Ron Johnson. Photo: Stefani Reynolds/Bloomberg via Getty Images

Republicans are demanding a full, 600-page bill reading — and painful, multi-hour "vote-a-rama" — as Democrats forge ahead with their plan to pass President Biden's $1.9 trillion COVID-19 relief package.

Why it matters: The procedural war is aimed at forcing Democrats to defend several parts the GOP considers unnecessary and partisan. While the process won't substantially impact the final version of the mammoth bill, it'll provide plenty of ammunition for future campaign messaging.