According to Business Insider, Tools for Humanity, the developer of the biometric project Worldcoin co-founded by Sam Altman, hired two law firms last year to investigate allegations of financial misconduct within the company and bribery of officials in Thailand. The investigation focused on: company executives approving payments of up to six- to seven-figure sums to a foreign company to inflate the price of Worldcoin tokens (potentially violating SEC rules); and the company's operations in Thailand being linked to a company associated with a South African businessman involved in transnational online fraud. Additionally, the company faces internal scrutiny from employees regarding the misuse of company funds and improper classification of workers.

WLD-5.90%
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ThetaSideEye
· 11h ago
Six or seven figures to pump the price? That's so Web2.
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午休看TVL
· 11h ago
If the SEC really intervenes, WLD is likely to halve again.
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