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ZachXBT directly accuses Sam Altman's $WLD token of being a scam.
After Elon Musk accused Sam Altman of being a "scammer," detective ZachXBT also chimed in: "Nobody's mentioning Altman's WorldCoin, huh?"
According to ZachXBT, World issues $WLD tokens with extremely low circulation, exactly like FTX's scheme during Sam's era. The project lures people in low-income countries to scan their irises to receive a small amount of WLD, claiming it's to verify identity, but in reality, it creates a black market for buying and selling verified accounts.
ZachXBT also pointed out that the supply of $WLD is expanding at an unsustainable rate, while insiders are regularly selling off their holdings via the OTC market.
#ZacksResearch
After Elon Musk accused Sam Altman of being a "scammer," detective ZachXBT also chimed in: "Nobody's mentioning Altman's WorldCoin, huh?"
According to ZachXBT, World issues $WLD tokens with extremely low circulation, exactly like FTX's scheme during Sam's era. The project lures people in low-income countries to scan their irises to receive a small amount of WLD, claiming it's to verify identity, but in reality, it creates a black market for buying and selling verified accounts.
ZachXBT also pointed out that the supply of $WLD is expanding at an unsustainable rate, while insiders are regularly selling off their holdings via the OTC market.
#ZacksResearch
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