PANews reported on April 12 that in response to the Covenant AI "betrayal" Bittensor incident, Bittensor co-founder Jacob Robert Steeves issued a statement saying that Covenant AI founder Samuel Dare's actions have seriously harmed the protocol and community, betrayed the trust of investors and users, and "betrayed" everyone. Steeves also apologized to users who suffered losses as a result of the incident.

Steeves stated that Bittensor was designed to combat human greed and selfishness by promoting AI ownership by all participants through a permissionless mechanism. Regarding future directions, Steeves proposed advancing a "staking lock-up" mechanism, introducing a "time + staking" commitment dimension at the protocol layer to enhance transparency and investor protection, and reduce similar risks. Furthermore, development of subnets 3, 39, and 81 will continue through the community, and the overall functionality and vision will remain unchanged.

Previously , Covenant AI announced its withdrawal from the Bittensor network, questioning its centralized governance.