NEO Foundation and NGD Amid Founders’ Split Over Financial Transparency as 2026 Reports Are Prepared
Neo Foundation (NF) and Neo Global Development (NGD) stated that recent discussions between their co-founders on Platform X, coupled with community scrutiny, will not disrupt daily operations or ongoing governance processes. The message underscores operational continuity for investors and partners.
The organizations are compiling unified financial reports for NF and NGD, with a scheduled release in the Q1 2026 window. The approach aims to enhance transparency and align with credible disclosure practices that support stakeholder confidence in the Neo ecosystem.
Public statements reveal a divergence between the founders: Da Hongfei has been cited for not meeting financial disclosure commitments, while Erik has been accused of centralizing budgetary authority. The situation has drawn attention from crypto governance analysts and is referenced in subsequent coverage on financial transparency concerns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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