Ocean Protocol is under scrutiny after being accused of dumping $100 million worth of FET tokens. On-chain data reveals that Ocean converted 661 million OCEAN tokens into 286 million FET tokens valued at $191 million in July. Subsequently, around 270 million FET, worth approximately $120 million, were transferred to centralized exchanges. Fetch.AI CEO Humayun Sheikh labeled the actions as 'improper conduct' and a 'conspiracy,' while Ocean co-founder Bruce Pon refuted these claims as 'baseless rumors.' The controversy follows Ocean's departure from the AI Super Alliance, during which FET's price plummeted 52% to $0.27, whereas OCEAN saw a recovery to $0.30.