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NEO co-founder Erik Zhang controls 85% of treasury via single-signature crypto wallets, says Da Hongfei
Image: Cryptonews.net

NEO co-founder Erik Zhang controls 85% of treasury via single-signature crypto wallets, says Da Hongfei

19 April, 2026.Crypto.1 sources

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Not enough sources covered this story to write a full cross-source analysis. NewsCord requires 3 or more independent sources to generate a comprehensive comparison of how different outlets are covering this event.

“For years, $NEO's treasury was held in a setup that would be unusual for most financial institutions: hundreds of millions of dollars in crypto assets were controlled through personal wallets, with no multisig protections and little formal oversight”

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