PANews reported on November 19th that, according to Wu Shuo, the Ethereum DAT project led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been shelved, and the approximately $ 200 million raised has been returned. The project originally planned to purchase approximately $ 1 billion worth of ETH through a Nasdaq shell company structure, with funding including approximately $ 200 million from Avenir and approximately $ 500 million from Asian institutions. Industry insiders suggest the shelving may be related to the market downturn following the " 1011 incident" and the decline in the stock prices of several DAT companies. Whether it will be restarted is still uncertain; the parties involved stated they will prioritize investor interests and continue to observe market trends.PANews reported on November 19th that, according to Wu Shuo, the Ethereum DAT project led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been shelved, and the approximately $ 200 million raised has been returned. The project originally planned to purchase approximately $ 1 billion worth of ETH through a Nasdaq shell company structure, with funding including approximately $ 200 million from Avenir and approximately $ 500 million from Asian institutions. Industry insiders suggest the shelving may be related to the market downturn following the " 1011 incident" and the decline in the stock prices of several DAT companies. Whether it will be restarted is still uncertain; the parties involved stated they will prioritize investor interests and continue to observe market trends.