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Bitmain Cofounder's Dismissal Potentially Confirmed

Emily Mason

Summary: Two statements published on mining company Bitmain's Weibo page on Wednesday, May 27 appear to confirm that cofounder Micree Zhan has been ousted from the company. First reports of Micree Zhan's depature from the company came last October, but the claim was unsubstantiated. One of the statements posted Wednesday describes shareholders removing Zhan from business ...

Two statements published on mining company Bitmain's Weibo page on Wednesday, May 27 appear to confirm that cofounder Micree Zhan has been ousted from the company.

First reports of Micree Zhan's depature from the company came last October, but the claim was unsubstantiated. One of the statements posted Wednesday describes shareholders removing Zhan from business operations and corporate roles, however it is still unclear whether these seps have been taken.

By Emily Mason


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