In a video posted to YouTube on Aug. 23, Nadir Hajarabi, who described himself as having worked with Worldcoin since before its token launch, publicly announced that he had cut all ties with the project.
Hajarabi did not divulge specifics on the advice of legal counsel. However, he revealed that he left Worldcoin due to several concerning factors he had witnessed and made the final decision to leave after the release of the project’s token (WLD) and whitepaper.
‘Horrendous execution’
Although describing himself as an ardent believer in the startup’s vision of providing a universal basic income, Hajarabi characterizes the organization’s efforts as a “horrendous execution that deserves whatever will come next,” underscoring the murky waters that the project continues to navigate.
In his video statement, Hajarabi highlighted his reservations about the organization’s questionable processes from the beginning of his tenure. be stated that he continued to associate with Worldcoin, giving it “the benefit of the doubt.” However, he states his concerns escalated with the release of the token’s whitepaper, which, according to him, solidified his judgment to disassociate from the company. He did not elaborate on specific details on the advice of counsel.
Meanwhile, the Worldcoin project is under an increasingly harsh spotlight, facing regulatory scrutiny from multiple jurisdictions, including France, Germany, and Kenya. Kenyan authorities
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Author: Jacob Oliver