Buenos Aires Takes Action Against Worldcoin for Alleged Consumer Rights Violations

Tuesday, 16 April 2024, 10:30

Worldcoin, a digital currency initiative led by Sam Altman, is under scrutiny in Buenos Aires as the Ministry of Production, Science, and Technological Innovation announces a $1.2 million fine for violation of consumer rights. The province raised concerns over Worldcoin's handling of biometric data and contract terms that may infringe on user rights.
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Buenos Aires Takes Action Against Worldcoin for Alleged Consumer Rights Violations

Worldcoin Faces Legal Battle in Buenos Aires Over Consumer Rights Violations

Worldcoin, the digital currency initiative spearheaded by Sam Altman, faces legal challenges in Buenos Aires amid accusations of consumer rights violations.

Buenos Aires Flags Issues with Worldcoin's Data Practices

Authorities in Buenos Aires have pinpointed discrepancies between Worldcoin's reported data handling practices and findings from provincial inspections. Undersecretary Ariel Aguilar expressed concerns regarding the storage and immediate deletion of biometric data, underscoring the opacity surrounding these processes and their potential infringement on user rights.

  • Inspections revealed that only individuals over 18 can use Worldcoin's service, potentially leading to minor data collection.
  • Worldcoin's biometric data is stored in Brazil, raising privacy and data sovereignty concerns.
  • Contract clauses potentially violate national consumer protection laws, allowing service suspensions without compensation and waiving rights to collective legal actions.

If substantiated, Worldcoin could face a fine of up to 1 billion Argentine pesos ($1.2 million), presenting a notable challenge to the company's operations.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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