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YZi Labs demands corrective action from 10X Capital over BNC mismanagement.
ByAinvest
Wednesday, Dec 3, 2025 8:04 am ET1min read
YZiLabs, a significant shareholder of CEA Industries, has issued a formal Notice and Demand for Corrective Action to 10X Capital Asset Management, the asset manager of BNC. The Notice alleges mismanagement, lack of transparency regarding BNC's assets, and threatened violations of the Strategic Services Agreement. YZiLabs demands immediate corrective action, including governance improvements and the implementation of the promised BNB Treasury strategy.
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