A lawsuit has been filed against CEA Industries, a Nasdaq-listed company connected to a treasury strategy involving BNB.
Investor Abraham Gomez claims he visited the company’s listed office and found no active staff or executives, along with no working website. These claims are still allegations and have not been proven in court.
Earlier, YZi Labs had raised concerns about disclosure practices related to treasury management by 10X Capital.
For now, the situation highlights how governance and transparency remain important issues as traditional markets interact with crypto-focused companies.