[The $1 Billion Ethereum DAT Plan Led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng Has Been Shelved] Odaily Planet Daily reports that the $1 billion Ethereum DAT plan led by Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng has been confirmed as shelved. The $200 million in funds initially raised has been returned to investors. Industry insiders state that the market turned bearish after the October 11 incident, coupled with the recent sharp decline in stock prices of several DAT companies, which are the main reasons for the project's suspension. As for whether it will be restarted in the future, relevant parties have stated that investor interests will be prioritized, and decisions will be made based on market conditions. According to previous Bloomberg reports, the DAT plan was initiated by several early Ethereum supporters in Asia, aiming to initially purchase approximately $1 billion worth of ETH and planning to acquire a Nasdaq-listed shell company for structural setup. Funding sources included $200 million from Li Lin's Avenir and approximately $500 million from institutions such as Sequoia China. (Wu Shuo)