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Founder of Bitmain Rival Held by Police Over Possible IP Dispute

Founder of Bitmain Rival Held by Police Over Possible IP Dispute – CoinDesk

Zuoxing Yang, founder and CEO of Shenzhen-based bitcoin miner maker MicroBT, is being held by local police to assist an investigation, CoinDesk has learned. The investigation is likely over allegations of intellectual property infringement by the firm related to the technology of its rival Beijing-based crypto mining giant Bitmain, according to one source close to MicroBT with knowledge of the matter.







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