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    ZachXBT accuses Worldcoin of FTX-style tactics as Musk turns up heat on Altman


    Crypto sleuth ZachXBT called out Sam Altman’s Worldcoin in a post responding to Elon Musk’s “Scam Altman” broadside, saying the project deserves far more scrutiny than it gets.

    ZachXBT said Worldcoin launched the WLD token with a predatory low float on par with Sam Bankman-Fried’s FTX companies, and preyed on people in low-income countries by exchanging small token amounts for biometric data.

    The human verification technology it promised has instead produced a black market for verified accounts, ZachXBT said, while token supply inflates at unsustainable levels and insiders quietly offload holdings via OTC.

    This is a developing story.

    Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.





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