TechFlow reports that Worldcoin, the project behind human identity verification, has denied allegations allowing insiders to profit from price fluctuations of its token WLD. A Worldcoin spokesperson stated they take these allegations seriously and emphasized a "zero tolerance" policy toward such activities.
Worldcoin said it has found no evidence supporting the claims and reiterated its commitment to maintaining strict market integrity policies.
Previous report, DeFi Squared and blockchain analyst ZachXBT accused Worldcoin of delaying the unlock of 80% of tokens, alleging price manipulation and insider trading.
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