律动BlockBeats|2月 10, 2026 15:30
[YZi Labs Sends Letter to CEA Industries Board: Demands Clarification of False News and Full Disclosure of Related Party Transactions by a Director]
BlockBeats News, February 10 — YZi Labs issued a letter to the CEA Industries Board stating that CEA Industries' claim of a 'secret agreement' with YZi Labs is completely false. The contents of the agreement were already known to the board, with legal advice provided by Winston & Strawn. Board members Alexander Monie, Hans Thomas, and then-10X Capital CEO Namdar were fully involved. The so-called 'secret' is merely a misleading statement to the public.
CEA's demand to terminate the Strategic Services Agreement (SSA) is equally absurd. YZi Labs had already terminated the agreement on December 11, 2025, and provided written notice to the board on December 13. The SSA did not result in any payments and does not affect the negotiations of the 10X Asset Management Agreement.
The board is attempting to cover up the facts and its inaction regarding known issues under the guise of an 'investigation.' YZi Labs urges the board to immediately clarify the misleading statements, fully disclose Hans Thomas' related party transactions, and genuinely safeguard shareholder interests.
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