Director at BNB-investing firm CEA Industries resigns

Hans Thomas, a director at the Nasdaq-listed CEA Industries, which focuses on investing in BNB, resigned on March 20, BeInCrypto reported. The move comes as YZi Labs (formerly Binance Labs), led by Binance founder Changpeng Zhao, pushes for a change in CEA's management. YZi Labs had repeatedly raised concerns that an asset management agreement between CEA and 10X Capital Asset Management, where Thomas also served as CEO, was a burden on shareholder value. However, an SEC filing stated that the resignation was not due to any internal disagreements.