Crypto investments a financial backup for Facebook whistleblower


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

Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses numerous confidential research documents, which according to her, shows that “Facebook prioritizes profit over the well-being of children and all users.” Previously Facebook has been accused of being influencing the 2016 United States presidential election with the help of Russian agencies.

In a follow-up interview with the New York Times, Haugen was asked about her financial situation:

“For the foreseeable future, I’m fine, because I did buy crypto at the right time.”

The whistleblower also received financial help from nonprofit organizations (NPO) backed by Pierre Omidyar, the co-founder of eBay. However, Haugen clarified that Omidyar’s NPO fundings were only used to finance travel and related expenses.

According to Haugen, shifting to Puerto Rico helped her join her “crypto friends” who enjoy capital tax exemptions on Bitcoin (BTC) and cryptocurrency assets.

Related: Bitcoin got stronger despite government crackdowns, says Edward Snowden

Iconic whistleblower and former CIA agent Edward Snowden also continues to show support for the Bitcoin (BTC) economy amid regulatory pressures from governments across the world.

On Oct. 4, Snowden tweeted about Bitcoin’s tenfold growth despite China’s blanket ban on crypto mining and trading.

Products You May Like

Articles You May Like

Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO
Singapore suspends Bitget exchange license over K-Pop coin promotion
Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K
Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX

Leave a Reply

Your email address will not be published. Required fields are marked *