Regulations & Policy
CZ-backed YZi Labs escalates fight over CEA’s ‘poison pill’ and BNB treasury strategy
•1 min read
YZi Labs, backed by Binance CEO Changpeng Zhao (CZ), is intensifying its legal battle against CEA Industries over the company's recently implemented poison pill strategy and bylaw amendments. The firm alleges that CEA's board is attempting to entrench its position while misrepresenting the commitment to managing a BNB treasury effectively.
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