Aarti Shahani

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Updated at 1:25 p.m. ET

Given Facebook's track record of broken promises over privacy, U.S. senators said Tuesday that the social media giant can't be trusted when it comes to plans to launch a digital currency.

"Facebook is dangerous," Sen. Sherrod Brown, D-Ohio, said at a Senate Banking Committee hearing. "Like a toddler who's gotten his hands on a book of matches, Facebook has burned down the house over and over, and called every arson a learning experience."

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