YZi Labs Issues Formal Notice to 10X Capital Over $500 Million BNB Dispute

YZi Labs has sent a formal notice to 10X Capital, alleging breaches of fiduciary duty in managing the firm’s $500 million BNB investment. The dispute stems from claims that 10X Capital deviated from their agreed-upon BNB Treasury Strategy by shifting investments towards Solana. This action has sparked market concerns and led to a drop in both BNC stock and BNB token prices. 10X Capital has yet to respond publicly regarding these allegations, creating further uncertainty for the industry.