CoinDesk·3 min read·medium
AI agent token once worth $2.4 billion ends with founder calling it dead
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Shaurya Malwa
✦AI Summary
The ELIZAOS AI agent token project has been declared dead by its founder, Shaw Walters, following a 97% drop in value and ongoing legal challenges. The foundation is closing after settling a class-action lawsuit that alleged deceptive practices and market manipulation.
Shaw Walters, founder of Eliza Labs and the open-source ElizaOS agent framework, said the ELIZAOS token is finished and its foundation is closing.
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