Ai16z founder accuses X platform of extortion demanding high fees
Golden Finance reported that Shaw, founder of Ai16z, recently stated that the X platform accused him of violating the terms of service, claiming he sold data and bypassed the API Secret Key. The platform indicated that if a monthly corporate licensing fee of $50,000 is paid, they would no longer pursue the matter. The founder denied these accusations, stating that the X platform incorrectly used his Open Source Source Code as a reason for the ban, and described it as blatant extortion. Currently, he only pays a monthly verification fee of $1,000 and a developer licensing fee of $200, and is considering whether to take legal action.
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