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Worldcoin Prices Dips As Sam Altman’s Trust Crisis Deepens With New SBF Comparison

BeInCrypto
Worldcoin's price dropped as OpenAI CEO Sam Altman faces trust issues, with comparisons to SBF and Madoff. Microsoft executives and Elon Musk have raised concerns.

Summary

A recent New Yorker investigation has intensified trust issues surrounding OpenAI CEO Sam Altman, leading to comparisons with figures like Sam Bankman-Fried (SBF) and Bernie Madoff, according to senior Microsoft executives. These revelations have impacted Worldcoin (WLD), a crypto project co-founded by Altman, causing its price to dip. The article cites an OpenAI board member describing Altman's behavior as a combination of a strong desire to please and a "sociopathic lack of concern for the consequences that may come from deceiving someone." Multiple senior Microsoft executives reportedly told investigators that Altman repeatedly misrepresented agreements and reneged on deals, with one executive suggesting he could be remembered alongside Madoff or SBF for major financial fraud. Elon Musk also weighed in, stating Altman is "not who you want in charge of superintelligence." The exposé comes at a turbulent time for OpenAI, with reports that CFO Sarah Friar warned the company is not ready for its planned 2026 IPO due to slowing revenue growth. Altman's credibility issues directly affect investor confidence in Worldcoin, which is already facing additional supply pressure from a significant token unlock event.

(Source:BeInCrypto)