Sam Altman’s Worldcoin, a crypto project focused on privacy, is taking legal action against Spain after the government banned it.
AEPD’s Order
The Spanish Data Collection Agency (AEPD) ordered Worldcoin to stop collecting data, claiming its eye-scanning process violated users’ privacy. The AEPD also demanded that Worldcoin discard all collected data.
Worldcoin’s Response
Worldcoin denies any wrongdoing, stating that it operates lawfully and under the supervision of the Bavarian data protection authority (BayLDA). The project says it has complied with EU regulations and responded to BayLDA’s requests.
Circumventing EU Process
Worldcoin claims that the AEPD’s actions are circumventing the established EU process for GDPR enforcement. It alleges that the ban is limited to Spain and not the broader EU.
Inaccurate Claims
Worldcoin also accuses the AEPD of spreading inaccurate claims about its technology, despite its efforts to provide accurate information.
Market Impact
Worldcoin’s token, WLD, is currently trading at $7.46, up 5.6% in the last 24 hours.
