Buenos Aires Targets Worldcoin with $1.2 Million Fine! ๐Ÿ”ฅ๐Ÿšจ

Buenos Aires Targets Worldcoin with $1.2 Million Fine! ๐Ÿ”ฅ๐Ÿšจ


Worldcoin Faces Legal Challenges in Buenos Aires

Worldcoin, the digital currency initiative led by Sam Altman, is currently embroiled in legal issues in Buenos Aires due to accusations of violating consumer rights.

Indictment Against Worldcoin

The Ministry of Production, Science and Technological Innovation in Buenos Aires province has taken action against Worldcoin upon discovering allegedly unfair clauses in user contracts.

  • Worldcoin faces legal challenges in Buenos Aires
  • Accused of violating consumer rights with unfair contract clauses

Buenos Aires Questions Worldcoinโ€™s Data Practices

Authorities in Buenos Aires have raised concerns about the data handling practices of Worldcoin, highlighting discrepancies between reported practices and inspection findings.

Ariel Aguilar, the Undersecretary, expressed worries about the storage and deletion of biometric data by Worldcoin without transparency, potentially infringing on user rights.

  • Authorities highlight issues with Worldcoinโ€™s data handling
  • Concerns raised about biometric data storage and deletion

Violation of Consumer Protection Laws

Inspections have revealed potential violations of national consumer protection laws by Worldcoin, particularly regarding the collection of minorsโ€™ data without clear age restrictions.

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  • Failure to inform users of age restrictions potentially exposing minorsโ€™ data collection
  • Biometric data storage in Brazil raises privacy and data sovereignty concerns
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