Worldcoin Faces Allegations Of Price Manipulation And Fraud
According to Foresight News, blockchain investigator ZachXBT has reported that Worldcoin is facing accusations of price manipulation and fraud from the community due to the delay in unlocking 80% of its native tokens. The Worldcoin project is alleged to allow insiders to continue profiting from what has been described as a 'scam.' Additionally, DeFi Squared has revealed that prior to the announcement, someone within the Worldcoin team was allegedly involved in 'insider trading to preemptively buy the news.'