Overview
- Erik Zhang accuses Da Hongfei of withholding Neo Foundation financial details and demands a complete, verifiable disclosure.
- Da responds that Zhang controls a supermajority of the treasury and directs consensus node voting, arguing that single-person custody endangers governance.
- Da says he has repeatedly pushed to move NEO and GAS into Neo Foundation multisig wallets since the N3 migration, but the transfer remains uncompleted.
- The Neo Foundation commits to an end-of-2025 financial report in the first quarter of 2026, with preliminary figures promised before the full release.
- Zhang says Da will step back from Neo mainnet work on January 1, 2026 to focus on NeoX and SpoonOS, a dispute that observers say has shaken confidence in the project’s governance.