Expelled Bitmain Co-Founder Filed A Second Lawsuit

Micree Ketuan Zhan has filed another lawsuit against Bitmain’s fully-owned subsidiary Fujian Zhanhua Intelligence Technologies and Beijing Vitamin Technologies as a related third party in his home town. The hearing of the case was postponed due to the coronavirus outbreak. Initially, Zhan filed a lawsuit in December in the Caymans, asking a court to cancel a decision passed at a shareholder meeting that significantly shortened his voting power.

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