Markets Outlook

ElizaOS Founder Shaw Walters on closing the foundation, the Burwick lawsuit, and why crypto Is failing builders

Aug 8, 2026
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ABOUT

In his first interview since declaring the ElizaOS token dead, Eliza Labs Founder Shaw Walters sits down with CoinDesk's Jennifer Sanasie to lay out what he says actually happened. He also makes a broader case for why crypto's casino culture is actively driving out the builders who could make the space matter and why he's still coding Eliza every day regardless.

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Timecodes:

00:00 - Shaw Walters Joins CoinDesk

02:23 - “Why Do People Think I Owe Them Anything?"

06:35 - How AI16Z Started: A $75K Joke That Hit $2.6 Billion

10:49 - Does He Regret Launching the Token?

11:43 - Crypto “Needs to Die And…Be Restarted"

15:34 - On the Burwick Lawsuit: "It Was a Total Scam"

20:40 - Why He’s Still Building Eliza

21:16 - Shaw's Outlook on AI Tokens

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This episode was hosted by Jennifer Sanasie. This interview has been edited for clarity and focus.