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Home tech & Gadgets Fb Whistleblower Frances Haugen Says She Is Financially Secure Due to Crypto

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 “fine 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 just 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 Times Haugen revealed that she moved to Puerto Rico to hitch her “crypto friends” other than coping with an ongoing well being situation. She additionally talked about being funded by non-profit organisations supported by eBay founder Omidyar, however stated that help solely coated her journey bills.

Haugen, who labored as a product supervisor on Fb’s civic misinformation crew, offered paperwork utilized in a Wall Street Journal investigation for months and in addition appeared at a Senate listening to on Instagram’s hurt to teen ladies. 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 Facebook is aware of easy methods to make its platforms safer, however will not achieve this “because they have put their astronomical profits before people.”

Throughout her testimony, Haugen additionally steered that Fb made modifications to its “dangerous” algorithms that contributed to divisiveness in society, and realised these tweaks saved 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.

Inquisitive 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 obtainable 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 forex values in his head, you could 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 ideas or queries at [email protected]

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