Worldcoin Foundation firmly responds to insider trading allegations and reiterates zero-tolerance stance
BlockBeats exclusively reported that at 9:50 am on July 23, 2024, in response to the insider trading allegations that have been circulating in the community recently, the Worldcoin Foundation and Tools for Humanity (TFH), an important contributor to the project, jointly issued a formal statement to BlockBeats. Both organizations have made it clear that they will remain highly vigilant against any allegations of insider trading, even if these allegations are not yet proven or formally verified.
"We share a firm commitment to market integrity and firmly oppose any form of insider trading." The statement emphasized that after a comprehensive and detailed review, neither organization found any evidence that could directly confirm the recent allegations. At the same time, both parties reiterated their strict implementation of the market integrity policy, aiming to build a fair, transparent and fraud-free trading environment.
In addition, the Worldcoin Foundation and TFH also revealed that their policies strictly stipulate the confidentiality principles that all relevant personnel must abide by, and prohibit the disclosure of confidential information related to WLD (Worldcoin token) purchase decisions under any circumstances. At the same time, in order to ensure the implementation of the policy, relevant personnel are explicitly prohibited from participating in any form of WLD trading activities during a specific period as an important measure to prevent insider trading.
This statement not only demonstrates the firm determination of the Worldcoin Foundation and its partners to maintain market fairness and justice, but also builds confidence for the majority of investors and community members, and jointly looks forward to a healthier and more sustainable blockchain ecological development future.
