Elon Musk labeled OpenAI founder Sam Altman “Scam Altman” on Monday as anonymous crypto investigator ZachXBT accused Worldcoin (CRYPTO: WLD) of launching with a “predatory low float” structure reminiscent of FTX tactics.
The Worldcoin Allegations
ZachXBT jumped into the conversation under Musk’s post, describing Worldcoin’s WLD token as targeting people in low-income countries by offering small amounts of WLD in exchange for iris scans.
Instead of creating verified digital identities, the project spawned a black market for verified World IDs trading for as little as $5 to $15.
ZachXBT pointed to unsustainable token inflation and regular over-the-counter sales by insiders, calling the whole setup exploitative.
He previously labeled WLD “the biggest scam token of the bull run” in July 2024, accusing the team and venture capital backers of complicity in price manipulation and misleading marketing.
The investigator framed Worldcoin as Altman’s “other company” which deserves the …
