<div id="readability-page-1"><div><ul><li>Arthur Hayes, co-founder of BitMEX and head of family office Maelstrom, said he sold the firm’s entire Worldcoin stake on Friday, less than a day after publicly signaling he would keep holding the token.</li><li>Hayes linked his decision to a sharp drop in pre-listing prices for SpaceX shares, which he had treated as connected to the AI trade that Worldcoin was meant to proxy.</li><li>Worldcoin fell about 10 percent in the past 24 hours, part of a broader crypto market decline, with a notable leg down after Hayes announced his exit.</li></ul></div></div>

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<p>Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin stake, causing the token to plunge 20%. This move contradicted his previous statement about holding the asset and was linked to a drop in SpaceX pre-listing prices. Worldcoin had already fallen 10% amid a broader crypto market decline.</p>

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WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it