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Worldcoin Fined for Illegal Data Collection in South Korea

  • The Personal Information Protection Commission (PIPC) fined Worldcoin 1.1 billion Korean won ($850,000) for illegally gathering iris scans from nearly 30,000 people in South Korea.
  • Worldcoin was offering cryptocurrency in exchange for users' iris data without proper consent.
  • Users were not given clear information about how their data would be used or stored, and the data was sent overseas without informing the individuals.
  • Worldcoin claimed to use the iris data for preventing duplicate registrations, but the commission found it to be a violation of privacy laws.

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