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Worldcoin's WLD token drops after Elon Musk sues OpenAI and CEO for breach of contract

Worldcoin's WLD token drops after Elon Musk sues OpenAI and CEO for breach of contract

CointimeCointime2024/03/01 11:01
By:Cointime

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.

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