TechFlow News: On April 28, on-chain investigator ZachXBT posted that WorldCoin (now rebranded as “World”), another company founded by Sam Altman, launched the low-circulating cryptocurrency token WLD and drew parallels between it and SBF/FTX-related entities. He stated that the project distributes small amounts of WLD tokens in exchange for biometric data from individuals in low-income countries. ZachXBT further noted that the technology originally intended to verify “human identity” has instead spawned a black market for verified accounts, while the WLD token supply is inflating at an unsustainable rate and insiders frequently sell their holdings via over-the-counter (OTC) transactions.
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