Ocean Protocol Denies Token Theft Allegations Amid ASI Alliance Rift
ByAinvest
Monday, Oct 27, 2025 7:51 am ET1min read
OCEAN--
Ocean Protocol Foundation has denied allegations of token theft, stating that all community tokens remain with Ocean Expeditions, a Cayman Islands legal trust. The dispute highlights governance challenges in cryptocurrency alliances and raises questions about trust and transparency. Tensions rose after Ocean Protocol's exit from the ASI Alliance, which included Fetch.ai and SingularityNET, and the foundation maintains that it did not misuse alliance funds or sell community tokens.
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