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According to ZDNet Korea, the Personal Information Protection Commission (PIPC) of South Korea has imposed fines on the Worldcoin Foundation and Tools for Humanity (TFH) for violating personal data protection laws. The Worldcoin Foundation has been fined 725 million Korean won (approximately 546000 US dollars) for mishandling sensitive information and transferring it abroad. Tools for Humanity (TFH) was fined 379 million Korean won (approximately $285000) for violating local regulations regarding the transfer of personal data abroad. This investigation began in February due to complaints and reports of Worldcoin collecting biometric data without permission to provide cryptocurrency services.