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🤖💥📉 TAO CRASHES 25% — Covenant AI Exposes "Decentralization Theater" SCAM!

🔹 Major subnet developer EXITS after Jacob Steeves centralized control exposed — emission suspensions, governance override, economic coercion 🎭⚡
🔹 $900M market cap WIPED, $9M longs liquidated — TAO plunges $360 to $260 as triumvirate facade crumbles 💸💰
🔹 Covenant's Basilica + Templar generate massive revenue but "centralized control with decentralized branding" 🏛️💀
🔹 Fractals warn 45% further dip to $180 — AI sector trust crisis as governance theater exposed 📊🔻

Decentralization marketing vs reality — investors pay the price 🎪💔

#Bittensor #TAO #AI #Scam
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