Did Facebook ‘ripped off’ the logo of Current ?

After the announcement of its Cryptocurrency Libra, Facebook is being accused of stealing the logo from online bank – Current. The Fintech CEO claims that Facebook has ‘ripped off’ his bank start-up’s logo for Libra.

According to CEO Stuart Sopp, Facebook has used the same San Francisco-based design firm for its cryptocurrency. The logos are almost looking similar at the first view.

Sopp told media, “This is a funny way to try and create trust in a new global financial system – by ripping off another fintech firm”. The same San Francisco-based design firm named ‘Character’ had previously created the logo of Current in 2016.

“Facebook has all the money and resources in the world. If they truly wanted to make banking more inclusive and fair, they should’ve come up with their own ideas and branding, like we have”, said Sopp in an interview with cnbc.

Image courtesy: cnbc .com / images are subject to copyright