|

Worldcoin offices in Hong Kong hit by investigation by Office of the Privacy Commissioner

  • Worldcoin project’s six office premises in Hong Kong were investigated according to a court warrant. 
  • Hong Kong’s independent body PCPD proactively launched an investigation into Worldcoin citing data privacy risks. 
  • PCPD called on the public to be more vigilant about the Worldcoin project since it gathers sensitive personal data. 

The Office of the Privacy Commissioner of Hong Kong has investigated Sam Altman’s Worldcoin project’s six office locations. The independent body alleged “serious personal data privacy risks,” and warned users to remain vigilant about the Worldcoin project. 

Also read: Altcoins surge in crypto comeback: Bittensor, Helium, and Solana lead speculative gains

Worldcoin offices under investigation in Hong Kong

Samuel Altman’s Worldcoin project’s offices were investigated by Hong Kong’s Office of the Privacy Commissioner on Wednesday. 

Following a court order, the independent body investigated six premises in Hong Kong, located in Yau Ma Tei, Kwun Tong, Wan Chai, Cyberport, Central and Causeway Bay. The Privacy Commissioner’s office declared that its operation to investigate Worldcoin involves serious data privacy risks. Since the Worldcoin project collects sensitive personal data, it likely violates the provisions of the Privacy Ordinance. 

Chung Liling, Privacy Commissioner for Personal Data called on users to be vigilant about the project and asked citizens to carefully protect sensitive personal data and refrain from casually participating in activities that require sensitive personal data. 

The Worldcoin project has been the subject of investigations in several countries worldwide. According to data from MIT Technology Review, regulators in at least four countries have already launched investigations into the project while citing concerns with its privacy practices.

The legality of Worldcoin’s biometric data collection remains unclear. Upon registration users are offered 25 WLD tokens on completing an iris recognition test, Worldcoin says is designed to differentiate legit human users from robots. The French government has launched a probe into the project, citing concerns about the use of such biometric data. Worldcoin is also being investigated by a German data protection agency, the Information Commissioner’s Officer in the UK and Kenya’s Office of Data Protection. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Editor's Picks

Ripple and Stellar outlook: XRP awaits a breakout, XLM rally gathers pace

Ripple steadies at $1.19 below the upper boundary of its falling channel after facing rejection. Meanwhile, Stellar extends its gains, rallying over 25% so far this week. Derivatives metrics suggest a cautious outlook for XRP, while XLM's improving futures positioning suggests a bullish outlook.

Crypto Overview: Bitcoin loses $65,000 while Ethena and Stellar advance

The broader cryptocurrency market remains divided with Bitcoin slipping below $65,000 after Kevin Warsh’s hawkish speech the previous day, while altcoins like Ethena and Stellar advance upwards. Demand for altcoins with real-world utility, linked to stablecoins or tokenized stocks or bonds, fuels the short-term buying pressure.

Binance founder CZ urges governments to tokenize stock markets and launch sovereign stablecoins

Binance founder Changpeng Zhao has called on governments to tokenize their stock markets and issue sovereign stablecoins, arguing that blockchain technology can expand access to capital markets and increase the global use of national currencies.

Bitcoin remains under bearish pressure despite recent rebound — Glassnode
Bitcoin (BTC) remains well below key onchain metrics, with realized losses continuing to dominate capital flows despite a partial price recovery. The top crypto rebounded from lows near $60,000 to the $65,000 range after the US-Iran peace deal reversed much of the war premium that had weighed on risk assets.
Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.