What happened to Shido Coin?

I'm curious to know, can you tell me what exactly transpired with Shido Coin? I've heard some rumors but would love to get a clear and concise understanding of the situation. Did the coin face any unexpected challenges or developments? Were there any issues with its technology, team, or market conditions? How has the community reacted to these events? I'm interested in learning more about the current status of Shido Coin and any potential future plans.