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Indonesian authorities have suspended the operation of the World project – a biometric data scanning initiative led by Sam Altman, CEO of OpenAI – due to concerns over licensing. Could this be a major setback for the future of biometric recognition technology in crypto? Let's analyze in detail.

World Project Suspended: Serious Violations

Indonesian regulators have temporarily halted the operations of World – previously known as #Worldcoin – citing “serious” violations of local regulations. Alexander Sabar, Director of the Digital Space Monitoring Agency, stated that this decision stemmed from “suspicious activities” and aimed to “prevent potential risks to the community.” According to the announcement, the subsidiary PT Terang Bulan Abadi, which operates World in Indonesia, has not registered as an Electronic System Organizer (PSE) and lacks the Electronic System Organizer Registration Certificate (TDPSE) as required by law. Instead, World is using the TDPSE of another legal entity, PT Sandina Abadi Nusantara. Both companies have been summoned to clarify the violations.

Sam Altman’s Worldcoin has officially landed in the U.S. with six iris-scanning centers in cities like Austin, LA, and Miami. The goal? Prove you're human through biometric eye scans, issuing each user a World ID and free WLD tokens.

🔗 Key Partnerships:
Visa: Launching a World Visa Card tied to your World ID.Tinder (Match Group): Testing age verification via iris scan in Japan.
💡 Why it matters:
Worldcoin aims to fight bots, deepfakes, and fake IDs using blockchain + biometrics. But critics warn of privacy risks, data misuse, and a possible overreach in surveillance tech.

👀 The Big Question:
Is scanning billions of eyes the price for a more “human” internet — or just crypto dystopia?

#Worldcoin #SamAltman #DigitalIdentity
$WLD

A U.S. court has opened the door to one of the most high-profile tech legal battles. Elon Musk can now move forward with his lawsuit against OpenAI, accusing the company of deceiving him about its nonprofit status. Judge Yvonne Gonzalez Rogers upheld Musk’s fraud allegations but dismissed other claims, including racketeering and false advertising.

🔹 Musk’s Claim: “OpenAI Misled Me”
Musk, one of OpenAI’s co-founders and early donors—contributing around $45 million—claims he was misled into believing the company would remain nonprofit and open-source. Instead, he argues, OpenAI secretly planned to transition into a for-profit business, contradicting its original mission to develop AI “for the benefit of humanity.”
“They convinced me to fund a nonprofit, but behind the scenes, they were preparing to turn it into a money-making machine,” Musk claims.

The judge agreed that Musk’s fraud allegations were plausible enough to move forward, stating that he presented sufficient evidence suggesting the company may have acted unethically to raise capital for a for-profit model.

❌ Dismissed: Racketeering, False Advertising, and Contract Breach
On the other hand, the court dismissed Musk’s racketeering charges under the RICO Act, citing a lack of concrete evidence. Claims of deceptive advertising and breach of an express contract were also rejected. The emails Musk provided were ruled insufficient to prove a binding agreement.
However, the court acknowledged the possibility of an implied agreement, based on the behavior and expectations shared between the parties involved.

🔄 OpenAI’s Counterclaim: Musk Is Sabotaging Our Restructuring
Meanwhile, OpenAI has filed a counter-lawsuit accusing Musk of deliberately obstructing its corporate restructuring, which is estimated to be worth nearly $100 billion.
The centerpiece is Musk’s February 2024 bid to acquire OpenAI for $97.375 billion. OpenAI dismissed the offer as fraudulent and strategic, claiming it was designed to gain access to internal information and derail the restructuring. According to the company, none of the investors listed in Musk’s letter conducted due diligence, and one even admitted that Musk planned to obtain internal data through legal action.
“Musk is no longer affiliated with OpenAI and now runs a rival AI company, xAI. This lawsuit is just a tool to stop our progress,” OpenAI argues.

⏳ Deadline Pressure
OpenAI is racing against the clock: it must complete its restructuring by the end of 2025, or risk losing major funding. SoftBank, one of its major backers, has pledged $30 billion—but warned it would withdraw at least $10 billion if the process isn’t finished on time.

📌 Summary:
Elon Musk is allowed to move forward with his fraud lawsuit against OpenAI, while other claims were thrown out. OpenAI, in turn, is fighting back with a counterclaim, alleging that Musk is sabotaging its future. At stake: the future of one of the most powerful AI labs on the planet—and tens of billions of dollars.

#ElonMusk , #OpenAI , #SamAltman , #ArtificialInteligence , #worldnews

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Here’s your no-hype breakdown of what’s happening:

World ID Hits the U.S.
The Worldcoin project, backed by Sam Altman, has landed in major U.S. cities. Users can now verify their identity by scanning their iris at “Orbs” placed in spots like New York, Los Angeles, and Miami.

Get Paid for Being Human
Once verified, new users get 16 WLD tokens, and early adopters can claim a 150 WLD bonus. That’s real crypto for simply proving you're a real person.

Visa Card on the Way
A World-branded Visa debit card is in development. It’ll let users spend WLD like cash anywhere Visa is accepted.

Tinder x World ID
Tinder is testing World ID verification in Japan to reduce bots and fake profiles — a potential game-changer for digital identity in dating.

No Orb? No Problem.
Even if you don’t scan your iris, you can earn WLD by completing certain tasks with your World ID.

Already a Global Phenomenon
Over 26 million users in 160+ countries, with nearly 12 million iris verifications completed so far.

New Blockchain Incoming
Meet World Chain, an Ethereum Layer 2 solution that prioritizes humans over bots — optimized for verified identities.

But There’s Controversy
Not everyone’s on board. Privacy concerns and resistance in places like New York and Brazil are raising questions about biometric data collection.

The Vision?
A world where proving you're human unlocks opportunity — potentially leading toward universal basic income in the age of AI.
#WLD #AirdropSafetyGuide #SamAltman #CryptoNews #Blockchain
$BTC $WLD $BNB