YZi Labs slams BNB investor CEA for $2M payout to ex-CEO amid failures

YZi Labs has criticized Nasdaq-listed CEA Industry (BNC), a major investor in BNB, for what it describes as serious management failures. The firm has taken issue with a planned $2 million severance package for former CEO David Namdar, arguing it is wrong to reward executives amid a declining stock price and poor business performance. YZi Labs is calling on the CEA Industry board to implement a complete overhaul, establish an independent audit system, and improve its corporate governance.