Alex Blania, co-founder of Worldcoin, has faced criticism for refusing to disclose the token's distribution model during a recent interview. Blania cited regulatory uncertainty in the US as the reason for not answering the question. The video of the interview quickly went viral, with some questioning whether Worldcoin was a "ponzinomics" scheme.

Crypto lawyer John Deaton expressed his dismay at Blania's actions and advised investors to stay away from the project. The incident occurred just 48 hours after the launch of Worldcoin's WLD token, which saw a spike in price before dropping due to concerns over token distribution and privacy.