ElizaOS token sinks 19% to record low after founder declares it ‘dead’

CoinTelegraph·

ElizaOS token sinks 19% to record low after founder declares it ‘dead’

60-second summary

ElizaOS token is plummeting 19% to a record low after founder Shaw Walters declared the project 'dead', effectively ending its association with cryptocurrency. The remaining treasury has been transferred to settle a tokenholder lawsuit.

Eliza Labs founder Shaw Walters said the project transferred its remaining treasury to settle a tokenholder lawsuit and will continue building Eliza without an associated cryptocurrency.