The post Worldcoin WLD Plummets After Sam Altman’s Departure appeared first on Coinpedia Fintech News
In a surprising turn of events, Sam Altman, the now-former CEO of OpenAI, has been ousted from his position following a deliberative review process by the board. OpenAI’s official announcement on November 17 revealed that Altman’s departure stemmed from a lack of consistent candor in his communications with other board members, hindering the organization’s ability to execute its responsibilities. The board expressed a loss of confidence in Altman’s leadership.
Impact on Worldcoin (WLD Token)
The repercussions of Altman’s exit were felt in the crypto space, particularly with the Worldcoin (WLD) token, linked to Altman’s other biometric project. Since the announcement, Worldcoin has experienced a significant dip, plummeting by 12.02% within a day. Its current market cap stands at $223,721,239, with a trading price of $1.96 at the time of writing.
Altman’s Response
In resp
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