Coinspeaker
Worldcoin’s WLD Dips 6% after Elon Musk’s Lawsuit against OpenAI

Worldcoin’s WLD token dropped 6% after Elon Musk, the billionaire CEO of both Tesla and SpaceX, filed a lawsuit against OpenAI and its chief executive officer, Sam Altman, for violations of their nonprofit agreement.

According to CoinMarketCap data, the crypto token, which is heavily associated with Altman, tumbled to $7.5 after trading as high as $9.3 in the last seven days. The token was designed as a reward for users who allow Worldcoin to scan their eyes in exchange for World ID, a digital humanness passport.

Elon Musk Sues OpenAI and Its CEO

On Friday, Musk filed a lawsuit against OpenAI and its CEO, alleging that the company has strayed from its original mission of advancing open-source artificial general intelligence (AGI) for the greater good of humanity.

The lawsuit, filed at the Superior Court of California for the County of San Francisco, specifically points to OpenAI’s partnership with Microsoft as evidence of the deviation.

The billionaire CEO, who played a key role in founding Open...