Crypto News1 MIN READ
CRYPTONEUTRAL
Eliza Labs' Shaw Walters Says ai16z Token Is 'Dead' After Settling Burwick Law Class Action
FG
FOMOGRAM Editorial Desk
Aug 5, 2026
EXECUTIVE SUMMARY
Eliza Labs' Shaw Walters declared the ai16z token 'dead' after a class action settlement, with its market cap plummeting from $2.5 billion to approximately $305,000. Walters claims no ownership of the token.
Eliza Labs' Shaw Walters declared the ai16z token 'dead' after a class action settlement, with its market cap plummeting from $2.5 billion to approximately $305,000. Walters claims no ownership of the token.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The status of the ai16z token is not directly relevant to tracked cryptocurrencies.
BTC OVERALL MARKET INDEX: 51 / 100 (NEUTRAL)
Explore all verified news, research, and global sources for CRYPTO.