Facebook’s outage came a day before whistleblower Frances Haugen was set to testify before Congress about her experiences at the company. Haugen, a former Facebook product manager who worked on its Civic Integrity group, provided a trove of internal Facebook documents to reporters at the Wall Street Journal. She told 60 Minutes on Sunday that Facebook “pays for its profits with our safety.”
The Fed said Wednesday’s crash started at about 11:00 Eastern time. Services started to be restored about three hours later, but some continued to remain dark, including its Fedwire Funds system.
On social media, cryptocurrency advocates were quick to highlight the problems.