The Spanish Data Protection Agency (AEPD) has banned for three months Worldcoin, the crypto project co-founded by Sam Altman.
This action is part of the agency's ongoing investigation into Tools for Humanity Corporation, the lead developer of Worldcoin.
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The company's business model involves collecting and using biometric data from individuals in exchange for cryptocurrencies.
The AEPD has stated in a press release it has received multiple complaints against Tools for Humanity Corporation, including concerns about insufficient information, the collection of data from minors and the inability to withdraw consent.
As a result, the agency has ordered the project to stop collecting and processing personal data and to cease using the data it has already collected.