Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup

World Foundation, the non-profit entity behind the biometric identity verification protocol formerly known as Worldcoin, disclosed today that its subsidiary completed the sale of around $65 million in WLD tokens through a series of over-the-counter deals with four counterparties over the past week. Based on the disclosed average price, World Assets, Ltd., the unit responsible…

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Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme

Florida-based crypto firm Goliath Ventures has filed for Chapter 11 bankruptcy protection following the arrest of its chief executive, Christopher Delgado, who is facing federal charges of wire fraud and money laundering in connection with an alleged Ponzi scheme that siphoned at least $328 million from more than 2,000 investors. According to a recent filing…

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