ZachXBT: WLD supply inflating at unsustainable rate, insiders regularly hold OTC trades

Odaily reports that on-chain detective ZachXBT posted on X platform, stating that no one has mentioned Altman's other company, WorldCoin (also known as World), which launched a low-circulation crypto token WLD on a scale comparable to SBF/FTX.

They obtain biometric data from residents of low-income countries by gifting small amounts of WLD tokens.

The technology was originally designed to verify human identity but has led to a black market for verified accounts.

Token supply is inflating at an unsustainable rate, and insiders regularly hold OTC trades.