Kenyan authorities have stormed a Worldcoin (WLD) warehouse in the heart of Nairobi. This high-stakes operation led to the seizure of important documents and machinery, marking a significant turn in the unfolding drama surrounding the cryptocurrency sector.
Several agencies including the Nairobi police raided a Worldcoin warehouse in the Kenyan capital last Saturday, according to local media.
Documents and equipment purportedly sent to the Directorate of Criminal Investigations headquarters for examination have reportedly been confiscated by police personnel.
Immaculate Kassait, the commissioner of Kenya’s Office of Data Protection, reportedly claimed that when Worldcoin’s parent organization Tools for Humanity registered in Kenya, it failed to reveal its genuine goals.
The main issues that worry Kenyan authorities are the same as those that worry Worldcoin in other countries. It centers around how the business uses the data it gathers by scanning people’s eyes.
They get 25 of the project’s native cryptocurrency, WLD, in return. According to the official Worldcoin website, those Orbs are currently offered in more than 300 sites around the globe, and over 2,200,000 people have registered.
Any photographs taken during the World ID authentication process, according to the business, are immediately erased from the Orb. Nonethless, this crackdown is quite significant concern for the potential investors who were looking forward to seeing the Worldcoin rise.