YZi Labs Public Letter Accuses CEA Board of Lies: Secret Agreement Has Long Been Terminated and the Board Was Informed

WuSaidBlockchainW · 2026-02-10T16:08:52+00:00

YZi Labs has written to the CEA Industries Board of Directors denying the allegations regarding the "secret subsidiary agreement," emphasizing that the Strategic Service Agreement was terminated in 2025 and that the Board was informed. YZi Labs requests clarification of the misunderstanding and disclosure of the relevant transaction details.

WuSaidBlockchainW

2026-02-10 16:08:52

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Wu Shuo learned that YZi Labs issued a letter to the CEA Industries Board of Directors denying the allegations of a so-called “secret subsidiary agreement” and disclosing that the related Strategic Services Agreement (SSA) was terminated on December 11, 2025, with the Board already aware. YZi Labs stated that the CEA Board and its legal counsel Winston & Strawn participated in and were aware of the agreement structure, and that relevant directors and management were directly involved in negotiations and execution, indicating that the agreement was not “secret.” YZi Labs also pointed out that since the termination of the SSA, no payments have been received, and the so-called revenue sharing “does not exist.” YZi Labs demands that the CEA Board clarify its public statement of ignorance and disclose related-party transactions involving 10X Capital / Hans Thomas.

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