Solayer developer Chaofan Shou clarified on Twitter that the funds lost from investing in LIBRA were his personal funds. He joined Solayer through the Fuzzland acquisition and is not the founder, but a core developer. Shou has built wealth through investments in ETH and other projects, as well as trading memecoins. Despite losing $1 million, he expressed sadness for Solana, blaming conspiracy groups for harming SOL.

PANews reported on February 16 that Solayer developer Chaofan Shou tweeted that he joined Solayer as part of the Fuzzland acquisition. He is not the founder of Solayer, but only a core developer, and the funds lost are personal funds. He has accumulated wealth through active investments in ETH and multiple projects over the past few years, and also traded memecoin. Losing $1 million is nothing to him personally - but he is very sad for Solana. These conspiracy groups are ruining SOL.

Solayer Developer Clarifies Personal Losses in LIBRA Investment