The launch of $ELIZA, a token introduced by Andreessen Horowitz (a16z) partner @shawmakesmagic, has sparked controversy following allegations of insider trading and large-scale token dumps. The announcement claimed to “free” $eliza by replacing it with $ELIZA, but the transition has left the crypto community reeling. At 06:01:41 UTC, wallet “FEbv…4ZcW” deployed $ELIZA. In a suspiciously well-timed move, an individual used 10 wallets to purchase 69.05 million $ELIZA—worth $5.2 million today—for just 2.07 $SOL ($503) at the moment of deployment. These tokens were subsequently transferred to new wallets but have yet to be sold. The wallet “GxkX…W2Yg,” suspected to belong to
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