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YZi Labs fires warning shots at 10X Capital over BNB reserve dispute
Dec 3, 2025
< 1 min read
by Hannah Collymore
for CryptoPolitan
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A governance conflict has arisen at CEA Industries, now BNB Network Company (BNC), due to major shareholder YZi Labs demanding accountability from asset manager 10X Capital over alleged mismanagement. This tension could impact the BNB treasury and investor confidence in the firm.
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A bitter governance battle has erupted at CEA Industries, the largest publicly traded BNB treasury company in the United States, which now operates as BNB Network Company (BNC) with the Nasdaq ticker “BNC” after major shareholder YZi Labs issued formal demands to asset manager 10X Capital for what it describes as mismanagement and potential abandonment […]
