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      ElizaOS Founder Accuses daos.fun Founder of Insider Trading

      Shaw, the founder of ElizaOS, has accused baoskee, the founder of daos.fun, of insider trading related to the ai16z project, claiming that baoskee profited approximately $6.6 million by selling ai16z tokens during a critical period of renaming and migration. Shaw alleges that in June 2025, the project team had promised to implement Snapshot voting to allow the community to decide on the name change requested by a16z to avoid trademark issues. However, he asserts that this voting mechanism was never launched, yet baoskee sold all ai16z tokens from the daos.fun execution wallet after gaining knowledge of the impending renaming and migration.

      In his accusations, Shaw contends that baoskee's sales occurred before the project transitioned to ElizaOS, which he claims led to a decline in the token's price. He believes that baoskee had access to information that was not available to other token holders at the time. In contrast, baoskee has denied these allegations, asserting that the Snapshot voting was indeed launched and that daos.fun had self-funded over $1 million in liquidity for ai16z.

      The dispute highlights significant discrepancies between the two founders regarding the events surrounding the token's migration and the management of development funds. Shaw has indicated that he will provide relevant Solscan on-chain records to support his claims.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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