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Worldcoin extends token lock-up period by 2 years, prompting community to question price manipulation
2024-07-17 13:15
Odaily News Worldcoin faces community price manipulation and fraud charges for delaying the unlocking of 80% of its native tokens. Cryptocurrency investigator ZachXBT posted on the X platform that the WorldCoin project allowed insiders to continue to profit from its "scam." According to DeFi Squared, someone on the WorldCoin team was suspected of "using insider information to buy news first" before the news was announced. (Cointelegraph)
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