Home > Quick > Body

Fetch.ai asks Ocean Protocol Foundation to return 286 million FET tokens

clock
2025-10-24 08:46:36
Fetch.ai and Ocean Protocol Foundation are seeking to settle a token dispute. Fetch.ai CEO Humayun Sheikh said on Thursday's X Spaces show that if Ocean Protocol Foundation returns 286 million FET tokens allegedly sold during the merger, the company will withdraw all pending legal proceedings.
According to blockchain data platform Bubblemaps, the Ocean Protocol-related multi-signature wallet converted about 661 million Ocean tokens into 286 million FET tokens, worth about $120 million.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.