Will Micree Zhan Return To Bitmain? – ALTCOIN MAGAZINE
Global exchange: Bitcoin mining giant Bitmain’s co-founder Micree Zhan, says he is going take legal action to make his return to Bitmain. However, he was removed from the company a week ago. Jihan Wu, co-founder of Bitmain addressed his staff and conveyed a message saying that Micree Zhan was dismissed from all roles. Also, he added that employees are prohibited from engaging with him.
There was a struggle between the two to have powers which ended in the removal of Micree Zhan. Zhan remained silent until Wednesday by not address any media questions. Later on Wednesday, he posted on his WeChat saying he did not have prior information about the removal from roles and he would take legal actions to get back to the firm.
“I have never thought that as a person focusing on technology and product, I have to start thinking from legal perspectives. It was embarrassing that as a Bitmain co-founder, the biggest shareholder, and a registered legal representative, I got ousted without any knowledge in this coup while on a business trip,” he wrote.
He also added, “I didn’t realize until then that those scenes in TV shows, where you get stabbed on your back by those partners you trusted and ‘brothers’ you fought together with, can really happen in real life.”
Zhan conveyed a message to the staff of BItmain,” return to the company as soon as possible through legal methods to end this very critical moment.”
He further added that Bitmain was his child and he would fight for it with weapons. He would not allow anyone to plot against Bitmain to succeed. He also added he envisions Bitmain reaching the goal of dominating 90 percent of the bitcoin mining equipment market while expanding its AI business.