Updated 19 April 2026 at 12:04CoinCex editorial review
A Single Private Key Controls $200 Million in Project Funds; Co-Founder Demands It Ends
#Finance On-chain Data News
Co-founders Da Hongfei and Erik Zhang disagree on how to restructure. Da proposes independent governance with multi-sig protection for the funds, while Zhang insists on accountability investigations and wants to remain on the board.
Co-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and to remain on the board.
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