Bitmain Rival MicroBT’s Founder Arrested in China for Alleged Embezzlement
The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.
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December 16, 2019 at 10:54AM
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