The Board of Directors of leading Bitcoin mining firm, Bitmain today threatened ousted co-founder, Micree Zhan with legal action if he continues meddling with the company’s affairs. In what has been a long-running saga between the two co-founders jostling for control of the business, the latest announcement goes some way in determining Jihan Wu’s dominance on the matter. However, as evidenced by numerous occasions in the past, it’s unlikely that Zhan will take this lying down. Bitmain was founded in 2013 when Micree Zhan and Jihan Wu went into business together. Wu has a background in finance, while Zhan brought technical know-how to the partnership. By 2018, Bitmain had become the world’s largest manufacturer of application-specific integrated circuit (ASIC) chips for Bitcoin mini
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