Alex Blania is a criminal and should be in jail
the Alex Blania → Merge Labs situation extremely shady given what happened to Worldcoin? Worldcoin launched with nonsensical promises like scanning 1 billion people in first year but 3 years later they are at less then 2% with adoption not even remotely close (not even a few percent) and their crypto going from ~$11 to $0 for anyone who bought the narrative. WLD got obliterated while insiders and early structures somehow always seemed fine, this was reported by investigators such as ZachXBT who has openly called Worldcoin one of the sketchiest large-scale launches of the cycle and raised serious concerns around insider behavior and token design ( https://x.com/zachxbt/status/1813526694189494472?s=20 ), and Defi^2 has repeatedly pointed out how the supply structure, low float, and price action looked engineered to nuke retail while benefiting those with early access ( https://x.com/DefiSquared/status/1813506473915466142?s=20 ). On top of that, the “World App ecosystem” is honestly embarrassing: the mini apps are just embedded websites, tons of obvious grant-farming garbage, crypto scams, illegal cryptogambling stuff (they even got pulled from the Play Store for a while), and is all low-effort vibe-coded junk that disappears after taking money, which completely contradicts the original “global identity + real utility” pitch. And now, right as the crypto side looks completely cooked, Blania pops up attached to Merge Labs, a shiny, elite-backed neurotech startup in the Sam Altman / OpenAI orbit, which looks exactly like how founders quietly distance themselves from a failing project without ever formally stepping away. No big announcement, no accountability, just a slow shift of credibility to something new while the old thing bleeds out. I’m not claiming this is legally a rug pull (this things take time and if legal trouble arrived it won't be for another 5 years), but if this isn’t what “jumping ship” looks like in practice, I genuinely don’t know what would and the fact that Altman is basically helping his friend doing this looks really bad... btw I haven't touch but the tip of the iceberg on worldcoin promises/lies, illegal actives and "controversies" they would fill a book. Utimetely he is a criminal ad should be put in jail for the rest of his days.
other useful links:
link to leadership announcement
https://x.com/alexblania/status/2011830523619131851?s=20
link to Blania admitting to market manipulation:
https://x.com/Pledditor/status/1687141159951286272?s=20
0 Comments