South Korea’s Personal Information Protection Commission has fined Tools for Humanity, the company behind Worldcoin, over $830,000 for violating local privacy laws. The violations included improper handling of biometric data, insufficient user consent, and unauthorized overseas data transfers. The company did not adequately inform users about how their data was collected and processed. Despite the fines, South Korean regulators have allowed Worldcoin to continue operations after addressing these issues. Tools for Humanity has welcomed the decision, asserting that the necessary adjustments have been made to comply with local regulations.
9/26/2024 3:03:09 PM (GMT+1)
South Korea fined Worldcoin $830,000 for data privacy violations, including unlawful transfer of biometric information 👁 and insufficient user consent disclosure 📄
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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