🚨URGENT:

$TAO has sharply decreased by 27% and wiped out nearly $900 million from the market capitalization in the past 12 hours.
$9 million worth of TAO buy orders have also been liquidated.
This happened after Covenant AI, a major project on TAO, announced they would leave Bittensor and is believed to have sold 37,000 $TAO worth over $10 million.
The team accused Bittensor's founder of operating a fake "decentralized stage" and controlling many aspects of the protocol.