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Is Bitmain in Trouble After Jihan Wu Coup?

Published 10/30/2019, 09:41 AM
Updated 10/30/2019, 11:01 AM
 Is Bitmain in Trouble After Jihan Wu Coup?

Jihan Wu took over as the legal representative of Bitmain in China, after ousting the company’s co-founder Ketuan “Micree” Zhan in a dramatic email sent out this Tuesday. The role taken by Jihan Wu is instrumental, as he is the de facto face of Bitmain in China.

Dovey Wan, co-founder of Primitive Crypto, commented on the Bitmain case, suggesting that the shuffle in leadership may hurt the company’s reputation. The shift in leadership was dramatic, banning Ketuan Zhan from visiting the offices and explicitly warning employees not to communicate with him, or follow his orders.

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This article appeared first on Cryptovest

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