Neo founders Erik Zhang and Da Hongfei publicly clash over financial issues

Neo founder and core developer Erik Zhang accused Neo founder Da Hongfei of failing to fulfill his commitment to publicly disclose financial reports, and called for him to release a detailed list of assets managed by the Neo Foundation (NF) as well as expenditure details. Erik Zhang also mentioned that according to the agreement between the two parties, Da Hongfei will focus on the operation and development of NeoX and SpoonOS starting from 2026, and will no longer participate in Neo mainnet affairs. In response, Da Hongfei stated that Erik Zhang controls the vast majority of Neo funds and has delayed the process of transferring NEO/GAS tokens to the NF multi-signature address. He said that he had previously not made this matter public in order to maintain public trust, but now chooses to speak out.