Tools for Humanity hired two law firms to probe bribery and financial misconduct

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Tools for Humanity hired Sidley Austin and O’Melveny & Myers to investigate alleged bribery, financial misconduct, and possible misuse of company funds. The probes examined its Thailand business, ties to questionable intermediaries, and spending that may have been used to support the Worldcoin token. The company says it has tightened due diligence and severed ties after learning of the allegations. The article also notes a broader strategic shift away from crypto and toward enterprise security and digital ID use cases.

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