Worldcoin (WLD) experienced a sharp decline in its market price on Saturday after its founder, Sam Altman, was removed as the CEO of popular artificial intelligence company OpenAI. This development follows the heavy regulatory scrutiny on the crypto project due to privacy concerns.
OpenAI Votes Out Sam Altman, Cites Loss Of Confidence
In a shocking development on Friday, OpenAI announced a leadership change, stating that Sam Altman will immediately exit the company as its CEO.
In this statement, the company expressed its gratitude to Altman for contributing immensely to their development during his four-year tenure as their global leader.
However, after an intense review process by the board of directors, it was concluded that the Worldcoin founder had not been fully honest in his exchanges