Facebook whistleblower Haugen admits she invested in crypto

·2 min read

Frances Haugen, a former Facebook employee-turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by a well-timed cryptocurrency investment.

Some of her main revelations included how Facebook executives handled politicised lies, including Donald Trump’s claims of election fraud.

Often, the company chose to let misinformation spread widely, to keep more people logging on. The Haugen series also noted the lengths that Facebook went to in its desperation to hang on to its audience as young people drifted away from its platforms

Haugen, who worked as a Facebook product manager, accused the company of spreading controversial and insensitive misinformation. Recently she blamed the social media giant for harming children, sowing division and undermining democracy in pursuit of breakneck growth and “astronomical profits.”

Facebook prioritises profits over its users’ well-being

Haugen also claimed that Facebook consistently chose to maximise its growth rather than implement safeguards on its platforms, just as it hid from the public and government officials internal research that illuminated the harms of Facebook products.

“The result has been more division, more harm, more lies, more threats and more combat. In some cases, this dangerous online talk has led to actual violence that harms and even kills people,” Haugen said.

Allegedly she possesses numerous confidential research documents, which according to her, shows that “Facebook prioritises profit over the well-being of children and all users”.

She explained that she had moved to Puerto Rico to cope with a health condition – but also to join her “crypto friends” on the island, whose capital gains tax exemptions have made it a hub for that novel financial system.

The whistleblower also confirmed she had received financial help from nonprofit organisations (NPO) backed by Pierre Omidyar, the co-founder of eBay.

Still, Haugen explained that Omidyar’s NPO fundings were only used to finance travel and related expenses.

Haugen also got support from the famous whistleblower and former CIA agent Edward Snowden also who is constantly advocating for the Bitcoin (BTC) economy amid regulatory pressures from governments across the world.

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