Ocean Protocol has resolved a legal dispute with Fetch.ai by agreeing to return $120 million in FET tokens. The settlement, facilitated by the Artificial Superintelligence Alliance (ASI), aims to enhance alliance unity and boost market confidence. This resolution follows a collaborative review process and excludes SingularityNET, despite its ASI affiliation. On-chain data indicates significant FET token transfers, suggesting a potential positive impact on token liquidity and market sentiment.
Ocean Protocol Settles $120M FET Token Dispute with Fetch.ai
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