Time
07:49
NEO's two founders publicly clashed: Da Hongfei and Zhang Zhengwen accused each other of monopolizing financial power and lacking transparency.
December 31, 2025
CoinFeed News
The two founders of NEO publicly broke up: Da Hongfei accused Zhang Zhengwen of monopolizing NEO/GAS assets and violating the multi-signature commitment; Zhang Zhengwen countered that Da Hongfei controlled the assets of other foundations and that the finances were not transparent, and the two sides clashed fiercely over control of funds.