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Worldcoin (WLD) continues to trade near its all-time lows, largely ignoring the $326 million investment position previously disclosed by Eightco. Downward pressure has intensified following a New Yorker investigation accusing co-founder Sam Altman of systematic deception. The report highlights that Microsoft executives reportedly compared Altman to convicted fraudsters Sam Bankman-Fried and Bernie Madoff. These serious allegations raise deep concerns regarding the project's governance and leadership credibility at a critical juncture for the token. Analysts suggest that the shift from technical weakness to a severe reputational crisis could hinder any potential price recovery. The decoupling between previous institutional backing and mounting fundamental risks continues to drive bearish sentiment across the market.
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