TechFlow news: Worldcoin has denied Buenos Aires' allegations of violating customer protection laws, stating it has responded to local requests for transparency. However, if the local proposal is approved, it could face a more in-depth investigation. Local officials have raised concerns regarding contractual terms, biometric data processing, and minors' participation.
Earlier reports indicated that Worldcoin was accused of including unfair clauses in contracts that violate Argentina's National Consumer Protection Law, as well as inconsistencies in handling biometric data. Alleged issues include non-refundable suspensions of service, prohibition of collective claims, and restricting dispute resolution to California. Additionally, the company has been criticized for failing to prevent minors from registering and for concerns related to iris data storage, currently facing fines exceeding $1 million.
