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Neo Founder Rift: Da Hongfei Accused of Failing to Fulfill Financial Disclosure Commitment, Erik Charged with Monopolizing Foundation's Financial Rights
Summary: In a shocking development, Neo co-founder and core developer Erik Zhang has accused Neo founder Da Hongfei of failing to fulfill financial disclosure commitments. Erik Zhang stated that based on a clear agreement reached during a recent phone call, Da Hongfei will focus on the operation and development of NeoX and SpoonOS starting from January ...
In a shocking development, Neo co-founder and core developer Erik Zhang has accused Neo founder Da Hongfei of failing to fulfill financial disclosure commitments. Erik Zhang stated that based on a clear agreement reached during a recent phone call, Da Hongfei will focus on the operation and development of NeoX and SpoonOS starting from January 1, 2026, and will no longer be involved in any matters related to the Neo mainnet. He called on Da Hongfei to immediately release a complete and verifiable financial report to the community, including a detailed list of all assets managed by the Neo Foundation (NF) and a breakdown of all expenditures, in order to address the community's longstanding concerns regarding transparency and governance.
Neo founder Da Hongfei responded in a post, alleging that Erik Zhang controls the vast majority of Neo funds, manipulates consensus node voting, and unhesitatingly hijacks agreements at the expense of the community and token holders. He had urged Erik to transfer NEO/GAS tokens from his personal custody to the foundation's multi-signature address - while Erik still retains the key holder status. However, Erik Zhang always finds excuses to delay this process.
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Link: Neo Founder Rift: Da Hongfei Accused of Failing to Fulfill Financial Disclosure Commitment, Erik Charged with Monopolizing Foundation's Financial Rights [Copy]
