OpenAI Founder's Worldcoin Reportedly Perpetuates Black Market for Iris Data

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Sam Altman's crypto project uses biometric data to confirm users’ identities. Chinese users are allegedly getting around blocks by buying scans for dirt cheap.

These Orb operators are spread throughout the countries where the company currently operates, which as it happens does not include mainland China. The company says there are more than 1.7 million people signed up so far. But according to BlockBeats, people in China are buying the iris data from people in Cambodia, Kenya, and a few other countries for as little as $30 a pop.

For as much attention was paid to the “secure” nature of Worldcoin, reports show the Orb operator’s logins did not even necessitate two-factor authentication, though . A spokesperson told TechCrunch that hackers did not access users’ biometric info and that no sensitive data was taken.Based on the company’s statements, it seems execs are more concerned with the harm caused to its big crypto scheme rather than the black market trade of biometric data that’s now immutably tied to the blockchain. The project has already been taken to task in a report from

 

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Sam Altman's Worldcoin rolls out fresh measures to combat black marketA Chinese outlet today sounded the alarm on illegitimate purchases of Worldcoin credentials for as little as $30.
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