A fresh round of allegations from on-chain investigator ZachXBT has put renewed scrutiny on Worldcoin — now rebranded as World — and its flagship WLD token, accusing the project of combining controversial biometric data collection with a “predatory low float” token model. What ZachXBT is saying - ZachXBT claims World used a token structure that concentrated supply and made the token vulnerable to manipulation, describing it as a “predatory low float crypto token.” - He alleges the project exploited users in lower-income regions by paying small amounts of WLD in exchange for iris scans taken by World’s Orbs, and that these verified accounts have been resold on secondary markets — in some cases reportedly for as little as $0.50. - Screenshots shared by the investigator also purportedly show the World Foundation selling 85.45 million WLD for $25 million via FalconX at an average price of $0.293, which ZachXBT points to as evidence of problematic token sales and possible insider dilution. Context and past concerns Worldcoin began as a human-verification experiment that uses iris-scanning hardware (“Orbs”) to confirm users are unique humans and rewards them with WLD tokens. The project has long drawn criticism over privacy, informed consent, and how it recruits users — especially in low-income countries. ZachXBT cited earlier reporting, including MIT Technology Review coverage, that questioned Worldcoin’s early use of cash incentives and aggressive onboarding tactics. Market impact The accusations coincided with a small selloff in WLD: the token slipped more than 2% and traded around $0.25, with a 24-hour range of $0.25–$0.26. On-chain derivatives data painted a mixed picture: CoinGlass showed WLD futures open interest rising more than 7% over 24 hours to about $177.5 million, while short-term open interest on major exchanges such as Binance, OKX, and Bybit declined. Why this matters now The allegations surfaced as Elon Musk’s lawsuit against OpenAI and CEO Sam Altman — whom Musk has been publicly deriding as “Scam Altman” on X — moved toward trial. Musk alleges OpenAI’s leaders abandoned the company’s original nonprofit mission; jury selection in the California federal case was reported completed Monday. Prediction markets (Kalshi and Polymarket) have placed Musk’s chances of winning around 60%. While not directly related, the timing has amplified press attention on Altman-linked ventures like World. What’s next World continues to expand its identity network, but these latest claims raise fresh regulatory, ethical, and tokenomics questions. ZachXBT’s allegations will likely spur further scrutiny from journalists, researchers, and potentially regulators — and keep market participants watching WLD’s price and derivatives flows for signs of further volatility. Read more AI-generated news on: undefined/news