Fetch.ai requests Ocean Protocol Foundation to return 286 million FET tokens
Jinse Finance reported that Fetch.ai and Ocean Protocol Foundation are seeking a settlement regarding their token dispute. Fetch.ai CEO Humayun Sheikh stated during an X Spaces session on Thursday that the company would withdraw all pending legal actions if Ocean Protocol Foundation returns the 286 million FET tokens allegedly sold during the merger. According to blockchain data platform Bubblemaps, a multisignature wallet associated with Ocean Protocol converted approximately 661 million Ocean tokens into 286 million FET tokens, valued at around $120 million.
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