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Argentina Launches Investigation into Worldcoin Project Amid Privacy Concerns and Ethical Scrutiny

CryptoArgentina Launches Investigation into Worldcoin Project Amid Privacy Concerns and Ethical Scrutiny

Argentina has joined the ranks of Kenya, UK, France, and Germany in initiating investigations into the Worldcoin project. This comes after Ethereum’s Vitalik Buterin acknowledged potential privacy and ethical concerns with the project. Sam Altman, a Worldcoin co-founder, aimed to register 2 billion people but faced setbacks. ZachXBT accused Worldcoin of exploiting people from developing nations. Argentina’s government has begun investigating Worldcoin’s data collection practices. The Public Information Access Agency (AAIP) contacted the Worldcoin Foundation for details on user data handling.

Argentina Investigates Worldcoin Argentina is examining how Worldcoin, founded by Sam Altman from OpenAI, manages personal data. A complaint by Daniel Monastersky triggered an investigation by the Agency for Access to Public Information of Argentina (AAIP). The AAIP intends to scrutinize the security measures protecting the privacy of Argentine Worldcoin users.

Worldcoin Under Jurisdictional Scrutiny Various nations, including Kenya, suspended Worldcoin’s operations. The co-founder, Sam Altman, aimed to register 2 billion people, but privacy concerns led to opposition. Argentina’s investigation adds to the scrutiny, alongside French and Bavarian regulators.

Privacy Concerns and Crypto Community Views Vitalik Buterin raised valid privacy and moral concerns about Worldcoin. ZachXBT accused the project of exploiting individuals from developing nations. The value of Worldcoin dropped 20% since its release, trading at $1.75. Worldcoin responded, asserting compliance with data protection laws and emphasizing privacy efforts.

Worldcoin’s Data Handling and Privacy Efforts Worldcoin aimed to protect privacy, complying with relevant laws. The project is committed to cooperating with regulatory bodies, ensuring safety for verified users. The World App, the project’s wallet, doesn’t require personal info. Iris images are deleted after creating the iris code during verification.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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