Worldcoin's WLD token drops after Elon Musk sues OpenAI and CEO for breach of contract
Worldcoin's WLD token experienced a 2.2% drop in value in just one hour during European morning hours on Friday. This was due to a report of a lawsuit against related company OpenAI, which was filed by technology investor Elon Musk and accused the company and CEO Sam Altman of breaching contractual agreements made when Musk allegedly helped found the company in 2015. Altman is a board member and co-creator of Worldcoin, a controversial project that aims to scan everyone's eyes in exchange for a digital ID and tokens. The movement of AI tokens has been influenced by developments in the broader artificial intelligence industry over the past year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mark Cuban considers creating meme coins in the future, sales revenue will go to the US Treasury
SOL falls below $240
Amid Crypto Whale Activity, SHIB Fund Inflows Increase by 473%