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Don't remind me again today

Last night, a big scoop circulated in the encryption circle: the CZ family office directly initiated a takeover of a company that manages a huge amount of funds in the BNB ecosystem.



This matter is not simple. CEA Industries manages the financial treasury of the BNB ecosystem - the fund pool used to support project development and incentivize ecosystem builders. YZi Labs (CZ's family investment institution) suddenly went public with their demands, requiring full control of the board of directors, and the reason given is very straightforward: "seriously damages shareholder interests."

The stock price has already indicated the problem, having dropped 90% from its peak. This is not an ordinary operational fluctuation; it is basically a signal of management out of control. For any public blockchain, having its treasury management publicly questioned by shareholders is quite serious.

The main concerns of ordinary token holders are:

**Will the BNB in my hand encounter any issues?**

The coins on the chain are secure, and there are no technical issues. However, the long-term value of BNB largely depends on ecological development, which cannot be separated from the effective use of the treasury. If the management is indeed burning money recklessly or making frequent poor decisions,
BNB1.31%
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nft_widowvip
· 12-02 15:32
90% fall? The management team has really messed up, no wonder CZ can't sit still. Now the ecosystem's wallet needs a new person, but our BNB's on-chain assets are safe, mainly depends on how they clean up the mess afterwards. I feel that after this operation, the treasury should be more regulated, at least it's good news. I'm just afraid that the new management team will come in and create more tricks, it really is a mess. The BNB ecosystem needs such a major overhaul, it's about time.
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BearMarketHustlervip
· 12-02 15:32
90% fall... How much money has to be burned for this, who is spending lavishly? Is the ecological treasury going to be left unfinished now? We need to see if BNB can be salvaged in the long term. Is CZ taking over a good thing or a bad thing... We'll have to wait and see what happens next.
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PoetryOnChainvip
· 12-02 15:30
Wow, the treasury management party fell by 90%? This is going to burn the ecosystem out.
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