HomeCryptoWorldcoin faces fresh scrutiny over token distribution and biometric data

Worldcoin faces fresh scrutiny over token distribution and biometric data

Worldcoin faces fresh scrutiny after ZachXBT linked the project to allegations of aggressive token distribution and data harvesting. The dispute widened after Elon Musk renewed his attack on Sam Altman, calling him “Scam Altman”.

What ZachXBT alleged

The investigator said worldcoin deserves far more attention and verification than it is getting. He argued that the WLD launch used a low-float structure that he views as predatory and similar to companies tied to Sam Bankman-Fried and FTX.

Moreover, ZachXBT said the project targeted people in low-income countries by offering small amounts of tokens in exchange for biometric data. He framed those incentives as part of a wider pattern that has raised ethical and regulatory questions.

Concerns around verification and insider activity

He also claimed that the human verification system promoted by the project did not deliver the expected results. Instead, he said it created a black market for verified accounts and added new pressure around worldcoin token controversy.

That said, ZachXBT added that the token supply could keep growing to unsustainable levels. He also alleged that some insiders were offloading holdings through OTC channels without enough transparency.

Worldcoin has become a focal point in the wider debate over crypto incentives, biometric collection, and market structure. The story remains in update as more details emerge.

Stefania Stimolo
Stefania Stimolo
Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.
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