The co-founder of Bitmain, the co-founder of Bitmain, Micree Zhan, who was brutally ousted from the company last week, announced that he would take legal action to get his return to the company.
In a letter published Wednesday on his WeChat wire, Zhan publicly announced that he was describing for the first time a coup d'etat without consent, evoking his ouster from society. Last week, his co-founder, Jihan Wu, warned all Bitmain employees in a surprising email that Zhan had been fired from all his roles and banned employees from engaging with him.
Wu also revealed an ugly power struggle between him and Zhan at the Bitmain plenary on Tuesday following the first email sent to staff. Zhan did not immediately issue a statement or respond to requests for comment from several media, including CoinDesk.
In his statement on Wednesday, Zhan made it clear that he had been ousted from society without consent and without prior knowledge, and that he was considering solving the problem through legal means. He will bring Bitmain to court if necessary.
"I never thought that as a person interested in technology and products, I had to start thinking from the legal point of view. It was embarrassing that as co-founder of Bitmain, the largest shareholder and registered legal representative, I fainted without any knowledge of this coup during a business trip, he said. written:
"I did not know until then that these television shows, in which partners you trusted and brothers with whom you fought, stabbed you in the back, can really happen in the real life."
Although the letter does not specify who she specifically addresses, Zhan told Bitmain employees and shareholders to be assured that he will "return to the company as soon as possible by legal means to end this very critical moment ".
"Bitmain is our child. I will fight for it until the end with legal weapons. I will not let those who want to plot against Bitmain succeed. If anyone wants a war, we will give him one, "he said.
He added that Bitmain would reach the goal of dominating 90% of the bitcoin mining equipment market while expanding its AI business.
The image of Zhan via CoinDesk