PANews April 28 news, on-chain detective ZachXBT posted on platform X, stating that Sam Altman's other company WorldCoin (now named World) launched the WLD token with low circulation and high valuation, similar to companies like SBF and FTX. ZachXBT stated that the company is exchanging small amounts of WLD tokens for biometric data from low-income countries, and the technology originally used to verify user identity has instead led to black market transactions of verified accounts. He also pointed out that the token supply is expanding at an unsustainable rate, while insiders regularly sell their holdings through over-the-counter trading.

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