Huang Licheng, known as Machi Big Brother and Jeffrey Huang, withdrew his $1 million offer for Friend.tech, saying he believed Paradigm was the obstacle without providing evidence. Nine days after opening the bid on Aug. 27, he urged co-founder Racer to relaunch the Web3 social app on Robinhood Chain and pledged support. The proposal sought only Friend.tech's X account and web address, while the project's relinquished smart-contract control leaves the scope of any acquisition unclear. FRIEND remained near $0.0069 after the withdrawal, up about 5% over 24 hours and 382% over 90 days.