A16z founder Shaw stirs up waves again: publicly criticizes the Swarms team and clarifies that the project is not related to ai16z

On January 5th, Shaw, the founder of a16z, publicly criticized the founder of Swarms on the social platform X, claiming that he not only lacked basic programming skills but also had a history of fraud. Shaw pointed out that although the young founder of the Swarms team was favored by some people due to his personal background, public Google search results revealed multiple controversies related to fraudulent behavior. Shaw bluntly stated, "Swarms' code quality issues are obvious, and the team is also suspected of stealing other people's achievements." Shaw further stated that he had tried to warn the public but was attacked instead.

 

Meanwhile, on January 4th, Shaw clarified in another statement that a16z has no relationship with him or his team. This statement coincides with the heated discussion of "ai16z" in the market. According to on-chain monitoring data, multiple whale addresses have sold a large amount of ai16z tokens in a short period of time. Among them, one whale sold about $4.50 million of ai16z tokens with a return rate of up to 938%, and another seller cleared 2.27 million tokens at a unit price of $2.1, making a profit of $4.47 million. These massive transactions directly led to a significant drop in the price of ai16z tokens.

 

Shaw's consecutive statements and market trends have added heat to the event, further increasing the market's attention to the logic behind the ai16z token.