One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end

One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailOne person holds the keys to $200 million of a project’s crypto. His co-founder says that has to endCo-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.By Francisco Rodrigues|Edited by Jamie Crawley Apr 19, 2026, 11:00 a.m. Make preferred on What to know: NEO co-founder Erik Zhang holds $200-250 million in crypto assets in a personal wallet with no multi-signature security or formal oversight.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 boa

Source: https://www.coindesk.com/business/2026/04/16/one-person-holds-the-keys-to-usd200-million-of-a-project-s-crypto-his-co-founder-says-that-has-to-end