The ASI Alliance merger, involving Fetch.ai, Ocean Protocol, and SingularityNET, has collapsed amid a contentious dispute over token management. Ocean Protocol has refuted accusations from Fetch.ai executives of "stealing community tokens," asserting that the tokens belong to Ocean Expeditions, an independent entity not part of the ASI merger agreement. Ocean Protocol has demanded that Fetch.ai inject 110.9 million $FET into the token migration contract to facilitate redemption by $OCEAN token holders. Ocean Protocol clarified that Ocean Expeditions is legally separate from the foundation and emphasized that the tokens in question have not been stolen or transferred. The foundation insists that the tokens will remain securely held by Ocean Expeditions for community benefit, dismissing any notion of a token "return." This development follows Ocean's prior communication to Fetch.ai and SingularityNET regarding Ocean Expeditions' independence in May 2024.