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I just saw that WLD is hitting new lows these days. The Worldcoin token dropped to $0.26, with a 0.86% decline in the last 24 hours, quite below the overall crypto market movement.
But what's interesting is what's happening behind the scenes. The New Yorker published a pretty strong report on Sam Altman, the leader of Worldcoin, seriously questioning his conduct and leadership. The article was based on interviews with over a hundred people and makes quite harsh comparisons, mentioning figures like Bernie Madoff and even certain creators of exchange platforms that collapsed. The accusations talk about deceptive behavior in business.
The curious thing is that this isn't just external noise. Inside OpenAI, there are also tensions, with former colleagues accusing Altman of misrepresentation. So, pressure is coming from multiple sides.
Regarding the token, the World Foundation has been selling quite a bit. They moved 239 million WLD recently for $65 million, which has clearly pressured the price toward these new lows near $0.24.
It's one of those moments where you see converging factors: intense public scrutiny, large internal sales, and the market reacting accordingly. If this continues, we'll probably see more pressure on WLD in the short term.