Fake $CLAWD Token Sparked OpenClaw’s Zero-Tolerance Policy

[AIcash]

OpenClaw’s strict stance stems from a previous incident involving a fraudulent token. During a brief rebranding period — triggered by a trademark notice — scammers hijacked abandoned social media handles and promoted a Solana-based token called $CLAWD. The token quickly surged to a $16 million market cap before crashing more than 90% after Steinberger publicly denied any involvement.

The fallout was swift, with some early buyers blaming the developer despite his warnings that he would never launch a cryptocurrency. Security researchers later uncovered hundreds of exposed OpenClaw instances and dozens of malicious plug-ins, many targeting crypto users. The episode appears to have shaped the project’s current zero-tolerance crypto policy.

[kevin1]

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