CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Bitcoinist 2024-09-27 12:30:01

South Korea Hits Worldcoin With Nearly $1 Million Fine–Here’s What Happened

South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1 billion Korean won (roughly $830,000) for allegedly mishandling personal data and breaching overseas data transfer regulations. These violations

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.