Shaw accuses baoskee of insider trading during ai16z rebrand and migration

Shaw accuses baoskee of insider trading during ai16z rebrand and migration

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News Editor
2026-08-16 03:39:02
ElizaOS founder Shaw has accused daos.fun founder baoskee of trading on non-public information during the ai16z project’s rebranding and migration process, alleging that baoskee made about $6.6 million by selling ai16z. According to Shaw, the project team had promised in June 2025 to launch a Snapshot vote so the community could decide whether to change the name, after a16z had asked the project to adopt a different name to avoid trademark disputes. Shaw said the voting mechanism was not launched as promised, and claimed baoskee sold all ai16z held in the daos.fun execution wallet after learning about the naming pressure and migration plans, then continued selling before the move to elizaOS, pushing the token price lower. baoskee rejected the allegations, saying the Snapshot vote had in fact gone live and that daos.fun had added and locked more than $1 million in ai16z liquidity at its own expense. He also accused Shaw of serious problems in project operations, token migration, and the use of development funds. Shaw said he would attach relevant Solscan on-chain records at the end of his post.

According to ChainCatcher, ElizaOS founder Shaw has accused daos.fun founder baoskee of trading on inside information during the ai16z project’s name change and migration process. Shaw said baoskee made about $6.6 million by selling ai16z.

Shaw says baoskee acted on information other holders did not have

Shaw said the project team had promised in June 2025 to launch a Snapshot vote so the community could decide whether the project should be renamed. Before that, a16z had asked the project to change its name to avoid trademark disputes.

In Shaw’s account, the voting mechanism did not go live as promised. He alleged that after learning about the pressure to rename the project and the follow-up migration plan, baoskee sold all ai16z held in the daos.fun execution wallet and kept selling before the project migrated to elizaOS, which Shaw said led to a drop in the token’s price. Shaw added that baoskee had information that other holders did not.

baoskee denies the claims and levels counteraccusations

baoskee denied the allegations in his own post. He said the Snapshot vote had actually been launched, and that daos.fun had also added and locked more than $1 million in ai16z liquidity using its own funds.

He also accused Shaw of serious issues tied to project operations, token migration, and the use of development funds. The two sides are now publicly at odds. Shaw said he would attach relevant Solscan on-chain records at the end of his post.

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