TLDR Tech / Crypto
daos.fun Made $6.6M Insider Trading $ai16z
On-chain data shows daos.fun operator baoskee liquidated the $ai16z execution wallet across 102 swaps from January through November 2025, generating $6.65M in profit on a 22 SOL (~$3,863) cost basis while holding advance knowledge that a16z's legal pressure would force a token migration to $elizaOS. Baoskee had promised community voting as the required mechanism for any name change but withheld the feature, preserving sole execution-wallet control throughout the rebrand period while community holders absorbed the full price impact of the migration. Verified proceeds total $6,659,374, with sell activity spanning the interval between a16z's private contact with the team and the public migration announcement.
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