Shaw: a16z Partner Logan Sells eliza Token, Admits to Purchasing Wrong Coin

BlockBeats News, November 19th, according to LookIntoChain monitoring, the GxkX...W2Yg address pre-sold a large amount of Eliza before the ELIZA deployment, only spending 24.2 SOL (about $5,900) to buy 2.3312 billion ELIZA (currently worth $17.67 million), becoming the largest holder of ELIZA.

The GxkX...W2Yg address is suspected by the community to be the wallet of ai16z partner Logan (@futjr_).

In response, ai16z co-founder Shaw stated on social media, "Yes, so he bought the wrong token thinking it was our partner's token. When I told him there was no token yet, he sold. This was not insider trading at all."