Worldcoin fell to around $0.24 after a New Yorker investigation raised fresh concerns about founder Sam Altman’s credibility.
The report cited multiple sources, including an OpenAI board member, describing Altman as “unconstrained by truth” and drawing comparisons to figures such as Sam Bankman-Fried and Bernie Madoff.
“He has two traits… a strong desire to be liked… and a sociopathic lack of concern for the consequences,”
The report said, citing an OpenAI board member.
The controversy coincides with broader governance concerns at OpenAI, including reports that CFO Sarah Friar questioned the company’s readiness for a planned 2026 IPO.
Worldcoin has declined more than 10% over the past week, with investor sentiment weighed down by founder-related risks and negative media attention.
Further pressure may come from a scheduled token unlock in July, which will release over 50% of total supply into circulation.
The episode highlights how reputational risk tied to high-profile founders can directly impact associated crypto assets and investor confidence.
At the time of reporting, Worldcoin price was $0.2449.