How Humanity Protocol CEO drove his previous firm to insolvency

The CEO of Humanity Protocol, a reported $1 billion ‘Worldcoin rival’ that’s raised $30 million, almost bankrupted his $1.5 billion smartphone firm, burning through $170 million in investor funds.
Terence Kwok founded Hong Kong-based Tink Labs in 2012. The Unicorn company raised millions in funding to provide hotels with smartphones for guests to use during their stay.

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