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Updated 17 April 2026 at 07:46 pmCoinCex editorial review

Neo co-founder pushes $461 million treasury overhaul to replace informal governance with verifiable oversight

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A co-founder of Neo has proposed restructuring the project's foundation and reallocating tokens back to the community. The proposal introduces formal checks on governance, reflecting an internal disagreement over how control and funds should be managed.

Neo’s proposed overhaul would restructure its foundation, return tokens to the community and impose formal oversight, as co-founders clash over governance and control.
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Neo co-founder pushes $461 million treasury overhaul to replace informal governance with verifiable oversight