Facebook whistleblower Frances Haugen, in an interview with The New York Times, said that investments in cryptocurrency allow her not to worry about her financial position.
The former product manager at the company revealed how Facebook’s algorithms work. According to Haugen, they fuel the spread of misinformation and hate speech that drive user engagement and boost the profits of the social-media company’s parent corporation.
Until May 2021 Haugen worked in Facebook’s civil misinformation group. Before leaving, she secretly copied tens of thousands of pages of internal company research, which she handed to journalists, members of the U.S. Senate Committee on Consumer Protection and the Securities and Exchange Commission.
Based on these documents, The Wall Street Journal published a series of articles alleging that the company turned a blind eye to the spread of content that harms children and adolescents.
When asked about her current financial position, the informant living in Puerto Rico said:
“In the foreseeable future I’m fine because I invested in cryptocurrencies in time.”
Haugen did not disclose the value or amount of the digital assets she owns. She added that she also received financial assistance from non-profit organizations funded by eBay founder Pierre Omidyar. According to her, the funds were used solely for travel-related expenses.
The informant added that relocating to Puerto Rico helped her join a “crypto friends” who benefit from tax advantages.
As previously reported, one of the most well-known informants, a former employee of the АНБ and the ЦРУ, Edward Snowden, said that he first thought about buying Bitcoin in March 2020 — at the height of the asset’s price drop.
In December he confirmed the accuracy of his forecast — the price of digital gold rose from $5,000 to $19 900 during that period.
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