In an official announcement, YZi Labs called for an independent investigation into CEA Industries and director Hans Thomas over alleged governance and operational failures. YZi Labs said that as of March 11, CEA Industries, a Nasdaq-listed BNB treasury company, allegedly lacked a CFO, COO, operating team, website, and fund management system. It also urged CEA Industries’ board to terminate its 20-year asset management agreement with 10X Capital Asset Management.