Data Privacy & Security Data Privacy & Security

Worldcoin's iris-scanning crypto project fined for privacy violations in South Korea (Update*)

By Jenny Lee
  • 26 Sep 2024 06:29
  • 26 Sep 2024 09:17
Worldcoin and Tools for Humanity, or TFH, have been slapped with a combined fine of 1.1 billion won (about $828,000) and issued corrective orders by the South Korean watchdog for violating the country's privacy regulations.
The sanctions, announced today by the Personal Information Protection Commission, or PIPC  (see here), follow

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Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

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