{"id":26908,"date":"2026-04-28T08:36:05","date_gmt":"2026-04-28T08:36:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/musk-lawsuit-puts-spotlight-on-zachxbts-worldcoin-scam-claims\/"},"modified":"2026-04-28T08:36:17","modified_gmt":"2026-04-28T08:36:17","slug":"musk-lawsuit-puts-spotlight-on-zachxbts-worldcoin-scam-claims","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/musk-lawsuit-puts-spotlight-on-zachxbts-worldcoin-scam-claims\/","title":{"rendered":"Musk lawsuit puts spotlight on ZachXBT\u2019s Worldcoin scam claims"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>On-chain investigator ZachXBT has accused Sam Altman-linked Worldcoin, now known as World, of using a harmful token model tied to biometric data collection.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_5b68dab78a2ac4cf90574b64f38f9e58\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ZachXBT alleged Worldcoin used low-float token tactics while collecting biometric data from vulnerable users.<\/li>\n<li>He claimed verified Worldcoin accounts appeared for sale online, raising privacy and security concerns.<\/li>\n<li>WLD fell over 2% as Musk\u2019s OpenAI lawsuit added fresh attention to Sam Altman.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The comments came after Elon Musk referred to OpenAI CEO Sam Altman as \u201cScam Altman\u201d on X.<\/p>\n<p>ZachXBT <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/zachxbt\/status\/2048969461953401333?s=20\" target=\"_blank\" rel=\"nofollow\">claimed<\/a> Worldcoin used a \u201cpredatory low float crypto token\u201d structure. He also compared some of its practices to tactics linked to Sam Bankman-Fried and FTX, while raising concerns over WLD token sales and user recruitment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Biometric data collection faces criticism<\/strong><\/h2>\n<p>Worldcoin was launched as a human verification project using iris-scanning devices called Orbs. The project gives users WLD tokens after verification, but critics have questioned how it operates in low-income regions.<\/p>\n<p>ZachXBT alleged that the project exploited vulnerable users by offering small token rewards in exchange for biometric data. He also claimed the system helped create a black market for verified accounts.<\/p>\n<p>According to screenshots shared by ZachXBT, some verified accounts were allegedly sold for as low as $0.50 on escrow platforms. He argued that such activity weakens the project\u2019s claims around privacy and security.<\/p>\n<h2 class=\"wp-block-heading\"><strong>WLD token sales draw attention<\/strong><\/h2>\n<p>ZachXBT also pointed to alleged WLD token sales by the World Foundation. One image he shared claimed the foundation sold 85.45 million WLD for $25 million through FalconX at an average price of $0.293.<\/p>\n<p>He further alleged that the project had issues around token supply and insider selling. He cited past reporting from MIT Technology Review, which had questioned Worldcoin\u2019s early recruitment methods and its use of cash incentives.<\/p>\n<p>Worldcoin has faced debate for years over privacy, token distribution, and its global user onboarding model. The latest claims add pressure as the project continues to expand its identity network.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Musk lawsuit adds market focus<\/strong><\/h2>\n<p>The allegations surfaced as Elon Musk\u2019s lawsuit against OpenAI and Sam Altman heads to trial. Musk claims Altman and other OpenAI leaders moved away from the company\u2019s original nonprofit mission.<\/p>\n<p>Reports <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/elon-musks-trial-against-sam-altman-reveal-ongoing-power-struggle-openai-2026-04-27\/\" target=\"_blank\" rel=\"nofollow\">said<\/a> jury selection was completed on Monday in a California federal court. Musk is seeking damages from OpenAI and Microsoft, according to a person linked to the case.<\/p>\n<p>Prediction markets remain divided on the outcome. Kalshi and Polymarket both placed Musk\u2019s odds of winning the OpenAI lawsuit at about 60%.<\/p>\n<p>WLD price fell more than 2% after the latest allegations. The token traded near $0.25, with a 24-hour range between $0.25 and $0.26.<\/p>\n<p>CoinGlass data showed mixed derivatives activity. WLD futures open interest rose over 7% in 24 hours to $177.51 million, while short-term open interest on Binance, OKX, and Bybit declined.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On-chain investigator ZachXBT has accused Sam Altman-linked Worldcoin, now known as World, of using a harmful token model tied to biometric data collection.\u00a0 Summary ZachXBT alleged Worldcoin used low-float token&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=26908"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26908\/revisions"}],"predecessor-version":[{"id":26909,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26908\/revisions\/26909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3586"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=26908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=26908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=26908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}