As reported by ChainCatcher, Worldcoin has rejected allegations that it had violated laws in its previous operations in Buenos Aires, Argentina, explaining that Worldcoin prioritizes “the opportunity to interact with government agencies, regulators, and third parties to answer any questions they may have.”
Worldcoin said it has answered all inquiries from provincial authorities since January, and that the allegations still need to be proven.
As previously reported, Worldcoin was accused of including unfair terms in contracts that violated Argentina's National Consumer Protection Law and of inconsistencies in the processing of biometric data. The alleged problems included unfair terms such as no refunds for suspended services, prohibitions on collective claims, and limiting dispute resolution to California. The company was also accused of not preventing minors from registering and of involving iris data storage issues, and is currently facing a fine of more than $1 million.
