Peter Steinberger reiterated OpenClaw’s zero-crypto stance after scammers promoted a fake Solana token during the project’s rebrand, causing a rapid $16M market cap collapse.
Peter Steinberger, founder of OpenClaw, reaffirmed a strict ban on cryptocurrency mentions in the project’s Discord after scammers created a fake Solana-based CLAWD token amid a rebrand and account transfer. The fraudulent token briefly hit a $16 million market cap before crashing over 90% once Steinberger denied involvement. The incident occurred as OpenClaw distanced itself from crypto entirely, reinforcing its zero-tolerance policy to prevent speculative token disruption in its community.