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AI16Z: News & Analysis

Coverage of "AI16Z" on Cryptopasta: the stories and the context behind them.

Founder pulls plug on $2.4 billion AI agent token, tells investors to exit
Crypto

Founder pulls plug on $2.4 billion AI agent token, tells investors to exit

Shaw Walters declared ELIZAOS dead, closed its foundation, and told investors to sell. The token collapsed 97% from its $2.4 billion peak as litigation drained the treasury.

August 5, 2026