TechFlow reports, on November 19, ai16z partner Shaw responded on social media to claims that "ai16z partner Logan dumped eliza": "Yes, he bought the wrong token, mistaking it for our partner's token. When I told him there wasn't a token yet, he sold it. This is absolutely not insider trading."
Earlier, Lookonchain data showed that the wallet address GxkX...W2Yg sold a large amount of eliza before ELIZA's official deployment—having spent only 24.2 SOL (approximately $5,900) to acquire 233.12 million ELIZA tokens (currently valued at $17.67 million), becoming the largest holder of ELIZA. The GxkX...W2Yg address has been suspected by the community to belong to ai16z partner Logan (@futjr_).
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