• 1
  • 1
  • Favorite

Worldcoin to resume Kenya operations after police drop investigation

Reuters06-20

NAIROBI, June 20 (Reuters) - Kenyan police have dropped an investigation into allegations that Worldcoin had illegally collected and transferred users' personal data, according to a police document, paving the way for the cryptocurrency project to resume its operations.

Authorities suspended Worldcoin in August last year, following privacy objections over its scanning of users' irises in exchange for a digital ID to create a new "identity and financial network".

Worldcoin is being rolled out by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman. Its website says it has signed up 5.7 million users across more than 160 countries.

"Upon review of the file, the Director of Public Prosecutions ... directed that the file be closed with no further police action," Kenya's Directorate of Criminal Investigations $(DCI)$ wrote in a June 14 letter to Coulson Harney, a law firm representing Worldcoin.

Reuters obtained a copy of the letter on Thursday.

Worldcoin will resume registration of users across Kenya soon, said Thomas Scott, chief legal officer at Tools for Humanity, in a statement.

"We are grateful for the DCI's fair investigation and for the Director of Public Prosecutions' determination to close the matter," Scott said.

(Reporting by Duncan Miriri; Writing by Hereward Holland; Editing by Miral Fahmy)

((hereward.holland@thomsonreuters.com; +254 20 499 1232; Reuters Messaging: hereward.holland.thomsonreuters.com@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Cedric77
    ·06-22
    Good time to buy Worldcoin(note- you may lose all ) if u are a risk takers. It can only purchase Worldcoin in a handful of Crypto platform now. If it is well received and start trading opening in all legit platform it will  be gg to be a good investments. But, a High risk one as it's price fluatuation is like a waves!
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial