YZi Labs Alleges Mismanagement in BNB Treasury Strategy at BNC Proxy Battle

The BNB Network Company governance dispute involves YZi Labs accusing 10X Capital of mismanagement and deviating from the BNB treasury strategy, leading to a proxy fight filed with the SEC to overhaul the board and ensure transparency in digital asset holdings. YZi Labs claims 10X Capital is pivoting from BNB to alternatives like Solana, breaching [...]