Worldcoin Faces Potential Fine Over Alleged Misuse Terms In Service Agreement-
According to PANews, Worldcoin has been accused of incorporating misuse terms in its service agreement. The company could face a fine of up to 1 billion Argentine pesos, approximately 1.075 million USD. The allegations stem from a review of consumer protection clauses in Worldcoin's contract, which allegedly force users to accept conditions that may violate national consumer protection laws.
In addition, there are inconsistencies in the information provided by Worldcoin about its biometric data scanning operations, particularly concerning the processing of minors' data. These activities involve the use of Orb devices to scan users' iris and facial data at various locations in Argentina.