According to TechFlow, the human identity verification project Worldcoin has denied allegations that it allowed insiders to profit from price fluctuations in its token WLD. A Worldcoin spokesperson said they take these allegations seriously and stressed that they have a "zero tolerance" attitude towards such activities.
Worldcoin said it found no evidence to support the allegations and maintained a strict market integrity policy.
Earlier news, DeFi Squared and blockchain analyst ZachXBT accused Worldcoin of delaying the unlocking of 80% of tokens due to price manipulation and insider trading.
