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Eliza token declared “dead” as founder winds down foundation after legal settlement

Covered by 6 sources · 6 articles

6 outlets - including Decrypt, Blockchainreporter and Crypto-economy and 3 more - are covering this story. Shaw Walters says Eliza's token is no more after a class-action settlement drained the project's remaining funds.

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Eliza Founder Declares AI Token 'Dead,' Shuts Down Foundation After Lawsuit Settlement
Decrypt Aug 5, 15:24 UTC

Eliza Founder Declares AI Token 'Dead,' Shuts Down Foundation After Lawsuit Settlement

Shaw Walters says Eliza's token is no more after a class-action settlement drained the project's remaining funds.

Eliza OS Founder Declares Token Dead, Winds Down Foundation After Legal Settlement
Blockchain Reporter Aug 5, 14:00 UTC

Eliza OS Founder Declares Token Dead, Winds Down Foundation After Legal Settlement

Eliza OS founder Shaw Walters declares the token dead, winds down the foundation, and advises holders to sell after settling a lawsuit by handing over all.

ElizaOS Founder Shaw Walters Says Project’s Token Is “Dead” as Foundation Winds Down
Crypto Economy Aug 5, 13:31 UTC

ElizaOS Founder Shaw Walters Says Project’s Token Is “Dead” as Foundation Winds Down

TL;DR Shaw Walters declared that the native token of Eliza Labs is “dead” and announced the closure of the foundation associated with the project. The team used the remaining treasury and available funds to reach a settlement with the plain…

Eliza Token Shut Down as Founder Winds Down Foundation Following Legal Settlement
TheNewsCrypto Aug 5, 12:27 UTC

Eliza Token Shut Down as Founder Winds Down Foundation Following Legal Settlement

The future of Eliza is now entering a new era since the founder of the project, Shaw Walters, has officially announced that the foundation of the project is shutting down for good. He announced that the Eliza token is now officially dead. A…

Eliza token legal settlement ends foundation support, not the code
Cryptonomist Aug 5, 09:12 UTC

Eliza token legal settlement ends foundation support, not the code

Shaw Walters, the founder behind Eliza Labs and the open-source ElizaOS framework, has pulled the plug on his own project’s token. In a post on X, he declared the token “dead” and confirmed that the foundation supporting it is shutting down…

Eliza token declared “dead” as founder winds down foundation after legal settlement
Crypto.news Aug 5, 08:50 UTC

Eliza token declared “dead” as founder winds down foundation after legal settlement

Shaw Walters, founder of Eliza Labs and the open-source ElizaOS framework, has declared the Eliza token “dead” and confirmed the foundation has begun winding down after settling a lawsuit by transferring its remaining treasury and available…