YZi Labs has firmly denied accusations of obstructing amendments to an asset management agreement with 10X Capital Asset Management LLC. The company criticized the BNC board for allegedly distorting facts and misleading shareholders. Alex Odagiu, an investment partner at YZi Labs, emphasized that while the board acknowledges the need for reduced management fees and optimized termination clauses, blaming YZi Labs for delays is unfounded. YZi Labs demands a public retraction of claims about a "secret affiliate agreement" and insists that directors linked to 10X recuse themselves from related decisions. The firm also calls for full disclosure of proposed revisions to shareholders before finalizing the agreement. YZi Labs reserves the right to take legal action against board members and vows to hold the board accountable for its disclosure obligations.