CEA Industries Faces Scrutiny Over Alleged Secret Deal with CZ's Family Office

New York, NY – February 26, 2026 – CEA Industries (NASDAQ: BNC), formerly VAPE, is at the center of a developing controversy following a recent announcement regarding its financial dealings. According to a report by Protos, the company's stock has experienced a significant decline, falling approximately 95% from its peak last year to trade around $3.88.

In a filing made on Tuesday, CEA Industries formally requested that YZi Labs, the family office associated with Binance founder Changpeng Zhao (CZ), disclose details of a non-disclosure agreement between YZi Labs and 10X Capital. 10X Capital is reportedly the lead party in a PIPE transaction scheduled for July 2025. CEA Industries has also alleged the existence of a "secret side agreement."

YZi Labs has reportedly refuted these claims, demanding that CEA Industries retract its accusations and has also put forth further requests concerning discussions about the company's board of directors and assets under management.

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