ASI Alliance merger collapses: Ocean demands Fetch.ai inject 110.9 million $FETs into token migration contract as soon as possible
In response to the controversy following the merger breakdown of the ASI Alliance (composed of Fetch.ai, Ocean Protocol, and SingularityNET), the Ocean Protocol Foundation recently issued a statement denying the accusation made by Fetch.ai executives of “stealing community tokens” and counter-accusing Fetch.ai of failing to fulfill its legal obligations. Ocean stated that the alleged tokens belonged to an independent organization, Ocean Expeditions (formerly oceanDAO), which was legally separated from the foundation and was not involved in the ASI merger agreement. Ocean also revealed that the independence of Ocean Expeditions had been explained to Fetch.ai and SingularityNET in May 2024. In addition, Ocean asked Fetch.ai to inject the promised