According to CoinWorld news, on January 5, a16z founder Shaw posted on social media platform X, publicly criticizing the founder of Swarms, claiming that he not only lacks basic programming skills but also has a history of fraud. Shaw pointed out that although the young founders of the Swarms team are favored by some due to their personal backgrounds, public Google search results reveal multiple controversies related to fraudulent behavior. Shaw bluntly stated, 'The code quality issues of Swarms are obvious, and the team is also suspected of stealing others' achievements.' Shaw further indicated that he had attempted to warn the public, but faced backlash instead. Meanwhile, on January 4, Shaw clarified in another statement that a16z has no relationship with him personally or with his team. This statement coincided with the market's heated discussion about 'ai16z'. According to on-chain monitoring data, several whale addresses sold large amounts of ai16z tokens in a short period. Among them, one whale sold about $4.5 million worth of ai16z tokens with a return rate as high as 938%, while another seller cleared 2.27 million tokens at a price of $2.1 each, profiting $4.47 million. These massive transactions directly led to a significant drop in the price of ai16z tokens. Shaw's series of statements and market movements added further heat to the incident, increasing market attention on the logic behind the ai16z token.