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Wu Shuo exclusively reports that the $1 billion Ethereum DAT plan led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been shelved. The $200 million already raised has been refunded. This plan was the largest DAT project led by Asian investors, but industry insiders speculate that the shelving was primarily due to the market downturn after the "1011 incident." Recently, many DAT companies have also seen significant declines in their stock prices. Regarding whether the plan will be restarted, relevant parties have stated that they will prioritize the interests of investors, but the decision will depend on market observations and trends.

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