Neo co-founder Zhang Zhengwen announced the governance structure and financial status, and announced his return to mainnet management.

Odaily Odaily reports that NEO's two founders, Erik Zhang and Da Hongfei, have accused each other of monopolizing financial power and lacking transparency. Zhang stated that he will return to the Neo mainnet for full management to defend the core rights of NEO/GAS holders. At the same time, Zhang released the current NEO governance structure and the status of its accounts.

Zhang Zhengwen stated that the vast majority of the Neo Foundation's NEO and GAS assets are currently publicly distributed across 21 initial node addresses and one multi-signature wallet. Previously, during Da Hongfei's request for his withdrawal from foundation management, approximately 8 million NEO/GAS tokens were transferred to multiple multi-signature addresses designated by Da Hongfei at his request. Apart from the aforementioned transparent NEO/GAS, all auxiliary assets held by the Neo Foundation (including but not limited to BTC, ETH, and other ecosystem project tokens) are currently under the actual control of Da Hongfei. Zhang Zhengwen claims that these assets have remained in a "black box" state for many years, and Da Hongfei has failed to provide any verifiable financial statements, asset lists, or audit certificates to date.