In accordance with Blockbeats, on December 31, the Neo Foundation (NF) and Neo Global Development (NGD) announced that recent disputes between the two co-founders on the X platform would not impact the daily operations of NF or NGD. The Neo Foundation is currently preparing the financial reports for both NF and NGD, with a planned release in the first quarter of 2026. The two co-founders publicly fell out today, with allegations that Da Hongfei failed to fulfill financial disclosure commitments and Erik was accused of centralizing financial control within the foundation. Further details are available in the linked report.
Neo Foundation: Financial report planned for Q1 2026; co-founder controversy does not affect daily operations
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Summary
On-chain news broke late Monday as the Neo Foundation and Neo Global Development confirmed that public disputes between co-founders on X will not disrupt operations. The Neo Foundation is finalizing financial reports for both entities, set for release in Q1 2026. Crypto today saw the public fallout escalate, with Da Hongfei accused of failing to meet financial disclosure promises and Erik facing claims of centralizing control. Full details are in the linked report.
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