The expectations we all had for the DIEM has really shattered. But to most people, their expectations are not yet battered because they still have some hope in Silvergate Capital, the company that DIEM was sold to. I learnt from Bloomberg earlier this week that Facebook now known as Meta is selling the DIEM project so they could return the capital to investors. I am just wondering what exactly wasn't working well because I don't think trading the future of such a great project for $200 million is really worth it.

Myself I do not know what intentions of the Silvergate Capital is but I hope it is just for the best.