According to a report by Business Insider, Tools for Humanity, the developer of the biometric project Worldcoin co-founded by Sam Altman, hired two law firms last year to investigate allegations of financial misconduct within the company and accusations of bribing officials in Thailand. The investigation focuses on: the company’s senior management approving payments of six- or seven-figure amounts to a foreign company to boost the price of Worldcoin tokens (possibly violating SEC rules); and the company’s business operations in Thailand being linked to a company associated with a South African businessman involved in transnational online fraud. In addition, the company is facing internal review from personnel within the company regarding the misuse of company funds, improper classification of employees, and related issues.

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