Fb Whistleblower Frances Haugen Says She Is Financially Secure Due to Crypto


Fb’s former product supervisor turned whistleblower Frances Haugen has revealed that her refuge in Puerto Rico is “superb 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 isn’t 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 Occasions Haugen revealed that she moved to Puerto Rico to affix her “crypto buddies” other than coping with an ongoing well being concern. She additionally talked about being funded by non-profit organisations supported by eBay founder Omidyar, however stated that help solely lined her journey bills.

Haugen, who labored as a product supervisor on Fb’s civic misinformation crew, offered paperwork utilized in a Wall Avenue 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 how one can make its platforms safer, however will not accomplish that “as a result of they’ve put their astronomical earnings earlier than individuals.”

Throughout her testimony, Haugen additionally steered that Fb made adjustments to its “harmful” algorithms that contributed to divisiveness in society, and realised these tweaks saved individuals 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 pc intelligence guide and presumably one of many best-known whistleblowers additionally managed to maintain financially due to his Bitcoin investments up to now.


Involved in 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 on the market 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 buyer tech house for the previous 4 years, he is now shifted focus to the crypto-verse. When not changing foreign money values in his head, you might discover him in an intense five-a-side soccer match or grinding out the latest Future 2 weekly problem on his Xbox. You possibly can attain him for suggestions or queries at ShomikB@ndtv.com.
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