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a16z founder Shaw stirs up waves again: publicly criticizes Swarms team and clarifies that the project has no affiliation with ai16z
Bijie.com reported that on January 5th, a16z founder Shaw posted on the social platform X, publicly criticizing the founder of Swarms, stating that he not only lacks basic programming skills, but also has a history of fraud. Shaw pointed out that despite the young founder of Swarms being favored by some people due to his personal background, public Google search results revealed multiple controversies related to fraudulent behavior. Shaw bluntly stated, “Swarms’ code quality issues are obvious, and the team is suspected of stealing the achievements of others.” Shaw further stated that he had tried to issue a public warning, but was attacked in return. Meanwhile, on January 4th, Shaw clarified in another statement that a16z has no connection with him or his team. This statement coincided with the heated discussion in the market about “ai16z.” According to on-chain monitoring data, multiple WhaleAddresses dumped a large amount of ai16zTokens in a short period of time. Among them, one Whale dumped approximately $4.5 million worth of ai16zTokens with a high return rate of 938%, while another dumper closed all positions of 2.27 million tokens at a price of $2.1, making a profit of $4.47 million. These massive transactions directly led to a significant drop in the price of ai16zToken. Shaw’s repeated statements and market trends have added heat to the event, further increasing the market’s attention to the logic behind ai16zToken.