Worldcoin, a global identity and financial network, founded by OpenAI CEO Sam Altman, faced a setback in Spain as it failed to defend its operations through legal action. The Spanish Data Protection Agency (AEPD) issued an order prohibiting Worldcoin from data collection in the country for three months. This move comes as a response to complaints that users in Spain are unable to withdraw consent and that Worldcoin has collected data from minors.
Worldcoin contested these allegations, accusing the AEPD of spreading inaccurate claims and not responding to the company’s inquiries for months. Despite filing a lawsuit against the AEPD’s order, Worldcoin’s parent company, Tools for Humanity, faced a setback when the Supreme Court of Spain denied their injunction request on March 11. The court emphasized the importance of safeguarding public interest and questioned the quality of information provided by Worldcoin regarding data consent.
This legal battle in Spain is not the first time Worldcoin has encountered regulatory challenges. In the past, the company’s operations were suspended in Hong Kong, Kenya, and India due to privacy concerns. The controversy surrounding Worldcoin revolves around its use of biometric scanning devices called “orbs.” Users are required to undergo eye scans at designated facilities to verify their identities, which are then linked to their biometric data for authentication.
Despite these challenges, Worldcoin continues to operate and compensate users with its WLD token. Stay informed about the latest developments in the cryptocurrency world by exploring more news on Global Crypto News.