Legal Threats Emerge in Ocean and Fetch.ai Dispute as Binance Limits Deposits
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 16 2025Feud and Allegations: A conflict between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats and accusations regarding the minting and transfer of tokens, with Sheikh alleging that Ocean Protocol engaged in questionable practices that could be classified as a "rug pull."
Binance's Response: In light of the dispute, Binance announced it would cease support for Ocean token deposits, which Sheikh interpreted as the exchange responding to his calls for an investigation into Ocean Protocol's token activities. Ocean Protocol has denied the allegations and stated that it is preparing legal responses.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
