Da Hongfei has publicly responded to recent statements made by Zhang Zhengwen, describing them as a "serious distortion of facts" and accusing Zhang of presenting "only part of the truth. " According to Odaily, Da Hongfei is still seeking "limited cooperation" with Zhang. Da Hongfei clarified that the "mechanism" Zhang proposed was essentially a centralized management model similar to the Neo Foundation's treasury, requiring his approval for every transaction and expenditure. In contrast, Da Hongfei suggested that starting this year, the Neo Foundation and NGD would disclose their financial reports quarterly to enhance transparency and detail
source: https://www.binance.com/en/square/post/35591692398418?utm_source=BinanceNewsRSS