South Korea's Personal Information Protection Commission (PIPC) has fined Worldcoin and its development firm, Tools For Humanity, a total of 1.1 billion Korean won (approximately $830,000) for personal data violations. The fine includes 725 million won ($545,000) for Worldcoin and 379 million won ($285,133) for Tools For Humanity. The violations involve the illegal collection of iris information from 30,000 users. The PIPC criticized the companies for not being transparent about their data collection practices involving 30,000 users.