Fetch.ai Alleges Misconduct by Ocean Protocol, Causing Turmoil in AI Crypto Alliance

Conflict in the ASI Alliance: The partnership between Fetch.ai, Ocean Protocol, and SingularityNET has escalated into a legal dispute, with Fetch.ai accusing Ocean Protocol of secretly minting and selling millions of tokens, leading to allegations of misconduct and a potential class-action lawsuit.

Binance's Involvement: In response to the growing controversy, Binance announced it would halt OCEAN ERC-20 deposits, which Fetch.ai's CEO interpreted as an implicit support for his claims against Ocean Protocol.

Ocean Protocol's Defense: Ocean Protocol has denied the allegations, labeling them as baseless and asserting that the matter is under review by an independent adjudicator, while also highlighting that Fetch.ai rejected a proposal to publicly disclose the findings.

Impact on AI-Crypto Vision: The ongoing feud threatens the ambitious goals of the ASI Alliance, which aimed to create a decentralized AI ecosystem, now serving as a cautionary tale about the importance of trust in collaborative ventures within the crypto space.