CZ-backed YZi Labs escalates fight over CEA’s ‘poison pill’ and BNB treasury strategy

TL;DR:

YZi Labs is challenging CEA Industries’ newly adopted poison pill and bylaw changes, accusing the board of entrenchment and misrepresenting its commitment to a BNB treasury.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BNB price action and market sentiment in the near term.