Tech

Facebook Whistleblower Frances Haugen Says She Is Financially Stable Because of Crypto

Fb’s former product supervisor turned whistleblower Frances Haugen has revealed that her refuge in Puerto Rico is “high-quality for the foreseeable future” due to a well-timed funding in cryptocurrency. The whistleblower who’s made headlines just lately for calling out Fb’s “betrayal of democracy”, made her crypto funding identified in an interview the place she asserted that she shouldn’t be reliant financially on anybody. Haugen didn’t disclose specifics of her crypto-related investments however talked about it to finish rumours of monetary dependence.

In an interview with the New York Instances Haugen revealed that she moved to Puerto Rico to hitch her “crypto buddies” other than coping with an ongoing well being problem. She additionally talked about being funded by non-profit organisations supported by eBay founder Omidyar, however mentioned that help solely lined her journey bills.

Haugen, who labored as a product supervisor on Fb’s civic misinformation workforce, offered paperwork utilized in a Wall Road Journal investigation for months and in addition appeared at a Senate listening to on Instagram’s hurt to teen women. Haugen claims that Fb’s closed design means it has no oversight — even from its personal Oversight Board, which is as blind as the general public.

The whistleblower went on to allege that Fb is aware of tips on how to make its platforms safer, however will not achieve this “as a result of they’ve put their astronomical income earlier than folks.”

Throughout her testimony, Haugen additionally urged that Fb made adjustments to its “harmful” algorithms that contributed to divisiveness in society, and realised these tweaks stored folks returning to the platform.

This is not the primary time a whistleblower has lauded cryptocurrency regardless of all its presumed falsities. Edward Snowden, a former NSA and CIA laptop intelligence guide and presumably one of many best-known whistleblowers additionally managed to maintain financially due to his Bitcoin investments up to now.


Serious about cryptocurrency? We focus on all issues crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Devices 360 podcast. Orbital is out there on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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Shomik is a senior sub-editor at Devices 360. As somebody who’s screened the patron tech area for the previous 4 years, he is now shifted focus to the crypto-verse. When not changing foreign money values in his head, you could discover him in an intense five-a-side soccer match or grinding out the most recent Future 2 weekly problem on his Xbox. You possibly can attain him for ideas or queries at [email protected].
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