Shocking Lawsuit from Elon Musk: The Price of That Altcoin Lost Value

worldcoin or WLD token, lost value during the day following news of a lawsuit against related company OpenAI.

The technology investor, Reuters reported Elon Muskaccording to a filing Thursday. OpenAI and sued CEO Sam Altman for breach of contract. With this news, WLD token was affected by dropping 2.2% within an hour. Musk accused Musk of violating contractual agreements made when he claimed he helped found the company in 2015.

Altman is a board member and co-creator of Worldcoin. The controversial project aims to scan anyone’s eyes in exchange for a digital ID and tokens.

Last year, artificial intelligence altcoin‘s tended to move when there were developments in the broader AI industry. In February, several AI tokens soared after chipmaker Nvidia beat fourth-quarter earnings estimates and OpenAI launched a new text-to-video product.

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