Tools for Humanity Executives Accused of Misappropriating Millions in Company Funds to Inflate Worldcoin Price
Odaily News: OpenAI CEO Sam Altman's co-founded company, Tools for Humanity, has simultaneously initiated two internal investigations led by external law firms, focusing on executive misuse of funds and alleged violations in its Thailand operations. The relevant executives are accused of authorizing payments of millions of dollars to a foreign company. The purpose of these funds was not for legitimate business procurement or service fees, but rather to artificially inflate the market price of its cryptocurrency, Worldcoin. Furthermore, Tools for Humanity's partner in Thailand is reportedly an internationally wanted suspect involved in a "pig-butchering scam." Meanwhile, regulatory authorities in multiple countries have raised serious concerns about Tools for Humanity's iris scanning and data collection methods. (BusinessInsider)
