Tracking Worldcoin’s biometric ID system, regulatory challenges, and decentralized identity ambitions.
Worldcoin's WLD token has tanked by more than 50% since its launch.
Oluwapelumi Adejumo 2 min read 
Kenya's Attorney General said Worldcoin is not a registered business in the country.
A whistleblower who "worked with Worldcoin" released a video on Aug. 23 cutting ties with the project and warning of substantial red flags.
The Kenyan government has suspended Worldcoin's operations in the country and launched an investigation into its data collection and storage methods.
Worldcoin founder founder Sam Altman previously said the project was onboarding eight users per second.
The issue was reported about a month before launch and was quickly patched.
The Kenyan government expressed concerns over Worldcoin's collection of its citizens biometric data.
The Bavarian State Office for Data Protection Supervision is investigating the project for collecting "sensitive data at a very large scale."
The controversial project has drawn intense criticism over its iris scan technology.
