BNB Treasury Company Sued Over Allegations of Shell Company Operation
ByAinvest
Thursday, Mar 12, 2026 8:46 am ET1min read
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An investor has filed a lawsuit against CEA Industries, a Nasdaq-listed BNB treasury company funded by Binance's investment arm YZi Labs. The plaintiff alleges that the company operates like a "ghost company" with lax governance, and could not find key executives or operational staff during a visit to their offices. This follows a previous governance dispute between YZi Labs and the CEA board of directors.
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