The Aleo Chinese community sent an "Open Letter on the Aleo Project" to a16z, in which the following questions were raised regarding whether "a16z filed a lawsuit against the original Aleo team in a US court" was true:
1. Curious about a16z's original intention to invest in Aleo, can a16z share its vision and key reasons for supporting Aleo?
2. Changes in the leadership of Aleo Network, with Howard Wu replaced by Alex Purden with a16z background, have raised questions in the community about whether this change is consistent with the long-term goals and strategies of Aleo Network;
3. Rumors that "a16z and other venture capital institutions filed a lawsuit against the original Aleo team in a US court" are spreading, and the community is deeply concerned and hopes to know whether the above rumors are true.
It is reported that in April 2021, Aleo received US$28 million in financing, led by a16z; in February 2022, Aleo completed a US$200 million Series B financing, led by SoftBank and Kora Management.