Indonesia Suspends Worldcoin and WorldID Over Data Privacy Violations
Indonesian authorities pull the plug on Sam Altman’s crypto-identity project after alleged breaches of personal data regulations. Another ’web3 revolution’ meets real-world compliance.
Key details: The country’s data protection agency cited failure to obtain proper consent for biometric collection—proving even blockchain projects can’t bypass pesky privacy laws.
Finance jab: At least they didn’t rug pull... just data pulled.