$TAO | Covenant AI is exiting Bittensor.

Bittensor founder accused of:
- Suspending their emissions
- Stripping moderation rights
- Deprecating their infrastructure
- Timing token dumps as pressure
Covenant calls the governance “decentralization theatre.”
Bittensor Founder has responded: Announcing lock-based subnet ownership as the fix and framing the departure as an exploit that exposed a weakness.
TA wise, interesting entry for longs.