YZi Labs Seeks Control of CEA Industries, Challenging Firm’s BNB Treasury Strategy

CZ-backed YZi Labs is pushing for a major shakeup at CEA Industries, the publicly traded BNB treasury firm. The firm alleges that the current leadership has failed to address operational delays and communication issues, leading to market decline and investor discontent. YZi Labs has filed a written consent statement with the SEC, requesting shareholders to support their proposed changes to the board of directors and leadership structure. The move could reshape the BNB ecosystem, impacting how public crypto companies manage risk and communicate with investors.