The Personal Information Protection Commission (PIPC) of South Korea has fined the Worldcoin Foundation and Tools for Humanity (TFH) for violating personal data protection laws. The Worldcoin Foundation received a fine of KRW 725 million ($546,000) for mishandling sensitive information and sending it overseas without permission. TFH was fined KRW 379 million ($285,000) for violating local regulations on the transfer of personal data. Despite these penalties, Worldcoin continues to expand its World ID platform in new markets. Worldcoin (WLD) experienced a price surge, reaching $2.10 with increased trading volume and a market cap of $1 billion. Technical analysis suggests a bullish outlook for Worldcoin, but caution is advised as the asset may experience a short-term correction.



Other News from Today