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30 September 2020

Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight CoinDesk -

Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight CoinDesk -


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In a new twist of Bitmain’s ongoing power fight, co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

14 shows Wu has again become the legal representative and executive director of Beijing Bitmain Technology, the operating entity of Bitmain.

Wu added in the announcement that Bitmain’s management now aims to work out sustainable solutions to solve all kinds of problems caused for employees, investors and customers due to the management’s power fight.

Earlier this year, Zhan regained his status as a legal representative after winning local government’s favor and forced his way into Bitmain’s Beijing office

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