Fetch.ai and Ocean Protocol are negotiating a resolution to their token dispute after the ASI merger, amid sharp FET losses and mutual accusations over breached commitments.
Fetch.ai and Ocean Protocol are in talks to resolve a dispute involving 286 million FET tokens following their merger into the Artificial Superintelligence Alliance (ASI). Fetch.ai has proposed dropping legal action if Ocean Protocol returns the tokens, while Ocean attributes recent FET price declines to sales by its former partners, alleging they breached prior commitments. The dispute comes as FET’s value has dropped more than 93% since the ASI merger.