Token Controversy Sparks Attention
OpenClaw, the open-source AI agent framework, recently made headlines due to a fake token incident. During its name transition phase, scammers seized the opportunity to issue counterfeit tokens, which briefly reached a market cap of $16 million.
Name Changes and Trademark Conflicts
Initially named Clawdbot, the project faced a trademark warning over similarity with another model called Claude. It briefly changed to Moltbot before finally settling on OpenClaw. During the transition, attackers took over old accounts and issued fraudulent tokens.
Founder Sets the Record Straight
Founder Peter Steinberger publicly denied any association with tokens, stressing the project's original open-source AI agent focus. To prevent speculation, crypto-related keywords including 'Bitcoin' are now fully banned in official channels.
Current Status and Outlook
- Steinberger has joined OpenAI to lead personal agent development
- OpenClaw now operates as an independent open-source foundation
- Community continues to grow while distancing from crypto space