French Data Protection Regulator Investigates Sam Altman’s Worldcoin
French data protection regulator, CNIL, is investigating Worldcoin (WLD), the crypto project launched by Sam Altman of OpenAI, for its questionable practices. Worldcoin has been scanning retinas to prevent individuals from claiming crypto rewards more than once. CNIL has initiated investigations and is collaborating with Bavarian privacy regulators, who have primary responsibility under EU law. The project has faced criticism from privacy watchdogs in the UK, with the Information Commissioner’s Office warning that individuals must freely give consent and have the ability to withdraw their personal data without detriment. The Bavarian data protection regulator has not provided further comment on the investigation.
Key Points:
- French data protection regulator CNIL is investigating Worldcoin
- Worldcoin scans retinas to prevent multiple claims of crypto rewards
- Privacy watchdogs in the UK have criticized Worldcoin’s practices
- Collaboration with Bavarian privacy regulators under EU law
- Worldcoin claims to comply with GDPR and local regulations
Worldcoin’s WLD token was trading 2% lower at $2.17 at the time of writing.
Hot Take:
Sam Altman’s Worldcoin project is facing scrutiny from data protection regulators due to its practice of scanning retinas for biometric data. The investigation by French regulator CNIL raises concerns about the legality and preservation of this data. Privacy watchdogs in the UK have also voiced their criticism, emphasizing the need for freely given consent and the ability to withdraw personal data. While Worldcoin claims to comply with GDPR and assess local regulations, its practices continue to attract attention and controversy.
By
By
By
By
By