Facebook Whistleblower Frances Haugen Says She Is Financially Stable Because of Crypto

The former Facebook employee reportedly moved to Puerto Rico to join her crypto friends and to deal with a health condition.

Advertisement
By Shomik Sen Bhattacharjee | Updated: 26 October 2021 20:19 IST
Highlights
  • Haugen denied claims that she was financially dependent
  • Frances Haugen lauds her well-timed crypto-investment
  • Haugen isn't the first whistleblower to rely on crypto investments

Frances Haugen is supporting herself in Puerto Rico with cryptocurrencies

Photo Credit: Reuters

Facebook's former product manager turned whistleblower Frances Haugen has revealed that her refuge in Puerto Rico is "fine for the foreseeable future" because of a well-timed investment in cryptocurrency. The whistleblower who's made headlines recently for calling out Facebook's "betrayal of democracy", made her crypto investment known in an interview where she asserted that she is not reliant financially on anyone. Haugen did not disclose specifics of her crypto-related investments but mentioned it to end rumours of financial dependence.

In an interview with the New York Times Haugen revealed that she moved to Puerto Rico to join her "crypto friends" apart from dealing with an ongoing health issue. She also mentioned being funded by non-profit organisations supported by eBay founder Omidyar, but said that assistance only covered her travel expenses.

Haugen, who worked as a product manager on Facebook's civic misinformation team, provided documents used in a Wall Street Journal investigation for months and also appeared at a Senate hearing on Instagram's harm to teen girls. Haugen claims that Facebook's closed design means it has no oversight — even from its own Oversight Board, which is as blind as the public.

Advertisement

The whistleblower went on to allege that Facebook knows how to make its platforms safer, but won't do so "because they have put their astronomical profits before people."

Advertisement

During her testimony, Haugen also suggested that Facebook made changes to its "dangerous" algorithms that contributed to divisiveness in society, and realised these tweaks kept people returning to the platform.

This isn't the first time a whistleblower has lauded cryptocurrency despite all its presumed falsities. Edward Snowden, a former NSA and CIA computer intelligence consultant and presumably one of the best-known whistleblowers also managed to sustain financially because of his Bitcoin investments in the past.


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy S26 Series Specifications Leaked in Full
  2. Apple Tipped to Launch iPhone 18 Pro in Three Entirely New Colours
  3. Lava Agni 4 Teased With Dual Rear Camera System Ahead of Launch
  1. Nishaanchi (2025) Now Available for Rent on Amazon Prime Video: What You Need to Know
  2. Lava Agni 4 Teased to Come With Dual Rear Camera System; Certification Site Listing Reveals Battery Specifications
  3. Microsoft Announces Latest Windows 11 Insider Preview Build With Ask Copilot in Taskbar, Shared Audio Feature
  4. Samsung Galaxy S26 Series Specifications Leaked in Full; Major Camera Upgrades Tipped
  5. iPhone 18 Pro Tipped to Launch in Burgundy, Coffee, and Other New Colour Options
  6. SpaceX Revises Artemis III Moon Mission with Simplified Starship Design
  7. Rare ‘Second-Generation’ Black Holes Detected, Proving Einstein Right Again
  8. Starlink Hiring for Payments, Tax and Accounting Roles in Bengaluru as Firm Prepares for Launch in India
  9. Google's 'Min Mode' for Always-on Display Mode Spotted in Development on Android 17: Report
  10. OpenAI Upgrades Sora App With Character Cameos, Video Stitching and Leaderboard
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.