ZachXBT: WorldCoin is Also a 'Scam' Project Under Sam Altman

On April 28, ZachXBT retweeted a post on social media regarding Elon Musk’s accusation that Sam Altman is a ‘fraud,’ stating that seemingly no one has mentioned Altman’s other company—WorldCoin, also known as World. It launched a predatory, low-circulation cryptocurrency token, WLD, which operates similarly to the practices of SBF/FTX. They entice people in low-income countries to provide biometric data by distributing a small amount of WLD tokens. This technology was originally intended as a way to prove one is human, but it has actually given rise to a black market for account verification. The token supply is expanding at an unsustainable rate, while insiders regularly offload their holdings through over-the-counter trading. It is reported that Musk’s lawsuit against Sam Altman will enter the opening statement phase today, accusing Altman, OpenAI (and associated entities like Microsoft) of deviating from their nonprofit mission established in 2015 (to develop AI for the benefit of all humanity rather than for profit) and shifting to a profit-driven model. Musk is demanding the restoration of the nonprofit structure, the removal of executives like Altman, and substantial damages (involving tens of billions of dollars). Meanwhile, Musk has begun posting content on X, accusing Sam Altman of being a ‘fraud,’ which has led to the emergence of a meme coin bearing the same name.