Worldcoin token falls 5% after Elon Musk files lawsuit against OpenAI.
World Coin Price world
+2.28%
Musk, the enigmatic leader of Tesla and SpaceX, co-founded OpenAI in 2015 before stepping down from its board in 2018.
The lawsuit filed in San Francisco claims that OpenAI’s profit-oriented focus violated the aforementioned contractual agreement because of the company’s efforts to keep GPT-4’s design a “complete secret,” Reuters reported.
Worldcoin’s WLD token has proven to be a proxy bet for OpenAI in the cryptocurrency market, often experiencing volatility when Altman or OpenAI are in the news, despite being inherently unrelated. While WLD is down about 5%, the broader cryptocurrency market cap is down less than 1.5% over the same period.
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