Tools For Humanity

Worldcoin Faces Backlash As South Korea Slaps Crypto Project with $850,000 Fine

September 26, 2024
A bold vision to create a universal digital identity system hits a snag, as Worldcoin, the ambitious project spearheaded by OpenAI co-founder Sam Altman, has been slapped with a hefty fine from South Korea’s Personal Information Protection Commission (PIPC).  The commission, the country’s watchdog for data privacy, levied a total of 1.14 billion won (roughly