Worldcoin denies allegations of illegal activities in its operations in Buenos Aires

According to ChainCatcher news, local sources in Buenos Aires, Argentina reported that Worldcoin has denied allegations of illegal activities during its operations in Buenos Aires, explaining that Worldcoin prioritizes "the opportunity to interact with government agencies, regulatory bodies, and third parties to address any questions they may have." Additionally, Worldcoin stated that it has responded to all inquiries made by provincial authorities since January, while the authorities' allegations still need to be substantiated.

Previous reports indicated that Worldcoin was accused of including unfair terms in contracts that violate Argentina's National Consumer Protection Law, and of inconsistencies in handling biometric data. Allegations include unfair terms such as service suspension without refunds, prohibition of collective claims, and limiting dispute resolution to California, among others. The company has also been criticized for not preventing minors from registering and for issues related to iris data storage, currently facing fines exceeding $1 million.