Worldcoin drops 5% after Elon Musk files suit against OpenAI

in voilk •  5 months ago

    Billionaire Elon Musk filed a lawsuit on March 1 against OpenAI and its CEO, Sam Altman. According to Reuters, the action is an attempt by the tech tycoon to prove that OpenAI has been involved in contract violations, fiduciary duty violations, and unfair business practices.

    Over the last day, the Altman-backed WorldCoin cryptocurrency has dropped nearly 5% to $7.53, according to CoinMarketCap data. The 40% decline was accompanied by a decrease in the token's trading volume, suggesting that investors might be waiting for a price adjustment.

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