Ousted Bitmain CEO Makes Legal Move to Dethrone Jihan Wu

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Ousted Bitmain CEO Makes Legal Move to Dethrone Jihan Wu

In December, Micree Zhan Ketuan, the ousted co-founder of the world’s largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner.
Shareholders voted then to convert Bitmain’s Class B shares to one vote per share, versus 10 votes previously — effectively  Read more »
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