On-Chain Sleuth ZachXBT Revives Worldcoin ‘Scam’ Claims Amid Musk-Altman Feud

The long-running tensions between Elon Musk and Sam Altman have taken a fresh turn, and this time, the crypto market is feeling the impact.

As their legal battle over OpenAI heads to trial, on-chain investigator ZachXBT has reignited criticism of Altman’s controversial crypto venture, Worldcoin. His latest remarks have quickly gained traction across the industry, fueling an already heated dispute.

Allegations Resurface as Market Reacts

ZachXBT accused Worldcoin of using a “predatory” token model that targets vulnerable users, especially in low-income regions. According to the shared screenshots, some verified accounts were allegedly sold for as little as $0.50 on escrow platforms.

Moreover, he claimed that the token’s structure resembles past failures in crypto. ZachXBT compared its low circulating supply and insider activity to tactics seen in major scandals like FTX. At the same time, he raised concerns that the project could become a black market for verified accounts.

As a result, the market reacted quickly. The WLD token slipped by about 1.5% following renewed criticism, reflecting rising investor uncertainty.

Musk–Altman Clash Fuels Scrutiny

However, the timing of these allegations is no coincidence. The renewed criticism surfaced just as Musk escalated his legal battle against Altman and OpenAI. The lawsuit centers on claims that OpenAI abandoned its original mission.

That mission was to develop artificial general intelligence that benefits all of humanity through open, safety-focused research rather than profit-driven control. The case has now entered a critical phase in court.

In fact, Musk’s public remarks appear to have amplified the situation. By labeling Altman with harsh online criticism, even calling him “Scam Altman,” he indirectly reignited debate over Worldcoin’s practices. Consequently, ZachXBT’s claims gained more visibility and traction across the crypto community.

Meanwhile, broader concerns about data privacy and token distribution persist. Critics argue that combining biometric data collection with crypto incentives raises ethical and regulatory questions. Additionally, allegations of insider token sales and supply inflation have further damaged trust in the project. Ultimately, the controversy highlights a deeper issue within the crypto industry. While innovation continues to push boundaries, scrutiny is also increasing.

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