A potential resolution is brewing between Fetch.ai and the Ocean Protocol Foundation as they move toward an agreement to avoid a lengthy legal battle. Fetch.ai’s CEO, Humayun Sheikh, has proposed dropping all legal claims against Ocean Protocol if the foundation agrees to return 286 million FET tokens—worth approximately $74 million—allegedly sold during their merger. This offer comes after blockchain data suggests an Ocean Protocol-linked wallet swapped 661 million OCEAN tokens for 286 million FET coins, with a total value of $120 million, according to Bubblemaps. Ocean Protocol has denied any wrongdoing and maintains that the transactions were legitimate, citing market volatility as the primary reason behind the FET price drop from $3.22 in March 2024 to $0.26 today. Sheikh also expressed his willingness to cover legal fees associated with retrieving these tokens. Both parties are now set to engage in a formal process for this settlement which could avert reputational and financial damage stemming from an extended legal battle. The move could pave the way for reconciliation within the Artificial Superintelligence Alliance (ASI). The dispute centers on allegations that Ocean Protocol’s connection with the FET token swap led to a $120 million loss in value, according to blockchain data analysis by Bubblemaps. However, Ocean Protocol insists this wasn’t their doing, claiming market volatility and heavy token sales by Fetch.ai and SingularityNET were responsible for the price drop. Sheikh believes his offer is a clear step towards achieving a resolution through an agreement that would potentially benefit both parties and the ASI collaboration.