AI Agent Token AI16Z, Once Worth $2.4 Billion, Ends with Founder Calling It 'Dead'

AI agent token AI16Z, once worth $2.4 billion, ends with founder calling it 'dead'

Eliza Labs founder Shaw Walters said the ELIZAOS foundation is closing and that holders should sell, ending the token that replaced AI16Z after a lawsuit, a rebrand and a 97% crash.

ElizaOS Drops 19% as Foundation Winds Down

ElizaOS fell 19% over 24 hours to an all-time low after Eliza Labs founder Shaw Walters said the token was “dead” and that the Eliza Foundation was winding down.  CoinGecko data showed the token trading at $0.000285 at the time of writing after touching a record low of $0.000284 on Thursday with a market capitalization of $2.1 million. The drop came after an announcement from Walters that the foundation was winding down. “The token is dead. Comp…

Eliza token declared "dead" as founder winds down foundation after legal settlement

Shaw Walters, founder of Eliza Labs and the open-source ElizaOS framework, has declared the Eliza token “dead” and confirmed the foundation has begun winding down after settling a lawsuit by transferring its remaining treasury and available funds. According to a…

ElizaOS Founder Calls the AI Agent Token "Dead" After Lawsuit Drained Treasury

Key highlights:Shaw Walters shared that the Eliza foundation is closingThe project's treasury was used to settle a lawsuit with token holdersELIZAOS fell over 97% from its all-time highWalters said development of the open-source software will continue without the tokenThe founder of ElizaOS shared surprising news to the crypto community on Wednesday. Shaw Walters, founder of Eliza Labs, told token holders that its ELIZAOS coin is now dead after …

ELIZAOS Founder Abandons Token After Lawsuit Drains Treasury to Zero

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token finished on August 4, 2026, after a class-action lawsuit settlement exhausted the project’s remaining treasury, sending the token to a record low near $0.000289 and closing the book on one of the AI-agent cycle’s most prominent names....

ElizaOS Token Drops 19% to Record Low After Founder Says It’s Dead

ElizaOS, a token tied to the open-source Eliza AI-agent framework, has plunged to a fresh all-time low after its creator, Shaw Walters, said the asset is effectively “dead” and that the Eliza Foundation is winding down. CoinGecko data shows ElizaOS trading around $0.000285 at the time of writing, after briefly hitting a record low of $0.000284 on Thursday. The token’s market capitalization was about $2.1 million, following a reported 19% drop ov…