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

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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.

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

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