ClawdBot Developer Peter Steinberger: I Will Never Launch a Token — Any Coin Bearing My Name Is a Scam

ClawdBot Developer Peter Steinberger: I Will Never Launch a Token — Any Coin Bearing My Name Is a Scam

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News Editor 01
2026-07-22 19:30:14
Peter Steinberger, creator of ClawdBot, declared he will never issue a cryptocurrency and warned that all tokens using his or ClawdBot's name are scams, rejecting any fees.
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Peter Steinberger, the developer behind the viral tool ClawdBot, made a rare public statement on X regarding cryptocurrency. He explicitly declared that he will "never launch a token" and has no affiliation with any crypto project. Any coin marketed under his name or ClawdBot's brand, he said, is a scam.

Hard line on token association

Steinberger left no room for ambiguity. His flat refusal to issue a token signals that any future crypto project claiming his involvement is almost certainly fraudulent. He directly called out projects that list him as a founder or backer, warning the community not to let a familiar name lower their guard.

He added that he will "accept no fees" from any crypto initiative, effectively eliminating any chance of indirect cooperation. The tone suggests strong aversion to the meme-coin ecosystem that often leverages celebrity names without actual involvement.

Community reactions split

The post's reply thread quickly showed two contrasting attitudes. Some users jokingly urged Steinberger to "at least collect the fees" from tokens that use his name. One comment read: "Just take the fees, you don't actually have to join any token's community." This reflects the meme-coin culture where name licensing and fee collection are often seen as a normal arbitrage opportunity.

Steinberger did not engage with such suggestions. His stance remains clear: no participation, no endorsement, no fees.

For crypto investors, the developer's public disavowal serves as a strong warning. Any token tied to ClawdBot or Peter Steinberger lacks official backing and should be treated with extreme caution.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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