Prominent on-chain investigator ZachXBT has publicly accused Worldcoin ($WLD) — the iris-scanning crypto project founded by Sam Altman — of being a scam.
In a detailed thread, ZachXBT highlighted multiple red flags including misleading marketing around “proof of personhood,” questionable token distribution practices, and concerns over data privacy and regulatory compliance. He urged the community to exercise extreme caution and conduct thorough due diligence before engaging with the project.
This accusation adds to the growing controversy surrounding Worldcoin, which has faced regulatory scrutiny in several countries over its biometric data collection methods.
