Ocean Protocol & Fetch.ai Reach $120M Settlement After AI Alliance Split

After the Ocean Protocol Foundation withdrew from the Artificial Superintelligence (ASI) alliance, causing a significant price drop for ASI, a legal dispute erupted between Fetch.ai and the foundation. However, both sides reached an agreement to resolve their token-related disagreements without resorting to litigation. The settlement includes the return of 286 million Fetch.ai (FET) tokens, estimated at $120 million, by Ocean Protocol.