CEO of Bitmain Rival MicroBT Facing Embezzlement Wrap in China

Cryptonews Prosecutors in Shenzhen, China, are reportedly looking to press embezzlement charges against the CEO of Bitmain rival MicroBT. The CEO, Yang Zuoxing, is a former Bitmain employee who worked in the latter’s chip design department. Per a report from Bloomberg, quoting three anonymous sources, “[Yang] was detained by Shenzhen police at the end of October in relation to a legal December 16, 2019 at 03:34PM By Crypto News