Expelled Co-founder of Bitmain cryptocurrency Micree Zhan said he will be taking legal actions against the firm in an open letter posted on his WeChat account on Thursday, November 7.
According to him, he was on a business trip when he was removed from the company without any consent from him.
In the letter, Zhan pointed out that “I have never thought that as a person focusing on technology and product, I have to start thinking from legal perspectives. It was embarrassing that as a Bitmain co-founder, the biggest shareholder, and a registered legal representative, I got ousted without any knowledge in this coup while on a business trip,”
“I didn’t realize until then that those scenes in TV shows, where you get stabbed on your back by those partners you trusted and ‘brothers’ you fought together with, can really happen in real life.” He added.