YZi Labs Takes Issue with 10X Capital Management’s BNB Reserve Strategy

A dispute between YZi Labs and 10X Capital Management has shaken market confidence in the crypto asset management sector, specifically regarding the BNB Treasury Strategy. YZi Labs, known for its connection to Binance founder CZ, accuses 10X of mismanaging BNB-focused investments, prompting a formal notice demanding compliance with original agreements. This dispute has triggered significant share price volatility in BNC, plummeting nearly 92% from its peak, reflecting investor uncertainty. The issue lies at the heart of governance challenges within CEA Industries and beyond, impacting investor trust and market valuation.