Worldcoin whistleblower publicly severs ties with project, saying it "deserves what's next."

Date: 2023-08-25 Author: Karina Ziganova Categories: IN WORLD
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In a video posted to YouTube on August 23, Nadir Khajarabi, who described himself as having worked with Worldcoin before the token was launched, publicly announced that he had cut all ties with the project.

Hadarabi did not divulge details on the advice of legal counsel. However, he revealed that he left Worldcoin due to several worrisome factors he witnessed and made the final decision to leave following the release of the project token (WLD) and white paper.

"Terrible Execution"
While Khadarabi describes himself as a strong supporter of the startup's vision of providing a universal basic income, he characterizes the organization's efforts as "a horrific execution that deserves what comes next," highlighting the murky waters the project continues to navigate.

In his video message, Hadarabi highlighted his reservations about the organization's questionable processes from the very beginning of his tenure. It continued to be associated with Worldcoin, giving it the "benefit of doubt". However, he states that his fears have been heightened with the release of the token's white paper, which he says strengthened his decision to disassociate himself from the company. He did not elaborate on specific details on the advice of his lawyer.

Hadarabi's public statements about malfeasance at Worldcoin and his decision to seek legal advice are revealing. While he refrains from disclosing his whereabouts or the jurisdictions he is in, it is notable that he released the statement, presumably with the consent of his legal team.

Global control
Meanwhile, the Worldcoin project is under increasing scrutiny, facing intense regulatory scrutiny from several jurisdictions, including France, Germany, and Kenya. Kenyan authorities raided the Worldcoin warehouse in Nairobi on a search warrant, suspending the startup over data privacy concerns.

Despite the project's assurances that it does not store data after the balloons generate a unique iris code, regulators and privacy advocates remain wary. The Kenya Capital Markets Authority stressed that Worldcoin is not regulated in the country and raised concerns about individuals registering their details with an unregulated entity. However, Worldcoin has confirmed its cooperation with the government and intends to resume operations after the implementation of “crowd control measures.”

In the midst of these tumultuous events, Worldcoin has seen an almost doubling in demand for its “global ID” and tokens since its launch. Hadarabi's criticism, coupled with ongoing international investigations, highlights the complexity and potential risks associated with the project.

In conclusion, Hadarabi urged potential users to exercise increased care when evaluating the terms of Worldcoin.
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