
Markets
Covenant AI Quits Bittensor Calling It "Decentralisation Theatre" as TAO Sheds Nearly $900 Million in Market Value
Subnet operator Covenant AI exited Bittensor on Thursday, publishing a detailed indictment of co-founder Jacob Steeves that wiped up to 23 percent off the TAO token's price and triggered a whistleblower document dump alleging near-total founder control over the network's governance.
·Jessica Miles
