YZi Labs: Has notified 10X Capital and alerted CEA Industries shareholders to the disruptive behavior.
2025-12-03 13:27
According to Odaily Planet Daily, YZi Labs has issued a formal notice to 10X Capital, alerting shareholders of CEA Industries, Inc. to the disruptive behavior of 10X Capital (the company's asset manager). The notice outlines what YZi Labs believes are material or potential breaches of fiduciary duty, serious breaches of trust, and deficiencies in transparency and corporate governance by 10X and its executives (including BNC CEO David Namdar and 10X founder and BNC board member Hans Thomas). YZi Labs' notice requires 10X to provide written confirmation by December 5, 2025, that it will comply with the BNB fund management strategy presented to PIPE investors and has not mishandled BNB assets.
