Sam Altman Owns Over 500M Worldcoin Tokens, Value Soars 4X in a Month

Sam Altman, a notable figure in the tech industry, has been reported to own a significant amount of Worldcoin tokens, potentially valued at close to $10 billion, with holdings exceeding 500M (maybe 1B) tokens. This substantial investment surpasses his exposure to OpenAI, hinting at a deep financial interest in the cryptocurrency project. Worldcoin's recent performance has sparked discussions, with its value increasing by over 253% in the last 14 days, trading at $8.85, and the token's value up 4X in the past month. However, concerns about its sustainability and comparisons to past financial disasters in the crypto space have been raised, citing an $87 billion fully diluted valuation (FDV) versus a $1.1 billion market cap. Critics argue that Worldcoin's close association with Altman may lend it undue credibility, despite potential risks.