Bitmain's Power Struggle: Legal Action and Drama Unfolding

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lord88Full Member
Posts: 10 · Reputation: 753
#1May 13, 2025, 12:15 PM
So Micree Zhan is gearing up to sue Bitmain for what he calls an illegal removal from the company. Sounds like things are getting spicy.
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#2May 13, 2025, 01:03 PM
Right? Jihan Wu is now in charge and Zhan claims it's a total power grab. I mean, is this really how things are going down?
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im_cobraFull Member
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#3May 13, 2025, 05:33 PM
Honestly, I wonder if he has a legit case. Corporate drama is typical in big companies like Bitmain, especially after their major profits back in 2017.
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th3_h4wkNewbie
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#4May 13, 2025, 10:21 PM
Remember last year when Jihan got kicked out too? This whole thing seems like a cyclical mess. I’m curious how this will unfold.
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coldshardMember
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#5May 14, 2025, 08:17 AM
Yeah, and it seems like every time something goes down, it just reflects bad on the company. Just like with Steve Jobs getting ousted, history repeats.
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orbit2018Member
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#6May 15, 2025, 07:21 AM
Not surprised at all. If someone gets removed from their position without warning, of course they’re gonna fight back. That's business.
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probablynothingFull Member
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#7May 17, 2025, 02:25 AM
Totally messy situation. Missing a lot of details here. If Zhan is the biggest shareholder at 37%, what was Jihan thinking? That Zhan would just roll over?
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sat_nonceNewbie
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#8May 17, 2025, 03:29 AM
Lol, it's always a drama in crypto. Can’t say I’m shocked by this.
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cobra2019Member
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#9May 17, 2025, 01:04 PM
Jihan did mess up before with that BCH mining decision. Seems all his moves ended up being bad calls.
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grimnodeSenior Member
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#10May 17, 2025, 01:46 PM
Yeah, I heard he also tried pushing an IPO that flopped. Could that be why he got the boot? Trying to save face?
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alpha420Newbie
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#11May 17, 2025, 06:59 PM
Seems like they’re just trying to make the whole removal sound a bit nicer than it is. But Jihan still holds a lot of power behind the scenes.
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fork_coinFull Member
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#12May 18, 2025, 12:10 AM
If someone’s going to take Zhan down legally, it’s gonna expose a lot of dirt. Everyone’s got their hands dirty in this corporate game.
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eric.degenSenior Member
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#13May 18, 2025, 03:05 AM
What if this was all orchestrated by Zhan to take back control? Corporate wars get nasty.
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#14May 19, 2025, 11:58 PM
Exactly! It's all about power here. These billion-dollar companies can’t have any weakness, and these fights expose that.
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#15May 20, 2025, 11:02 PM
I mean, was Zhan really pushed out or just saw an opportunity? Very interesting dynamics at play.
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grimnodeSenior Member
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#16May 21, 2025, 02:08 AM
Can’t help but think that mining might not be the main focus anymore for Zhan. He seems to want to shift things.
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#17May 21, 2025, 04:43 AM
True, but all this inner conflict could drain their resources and make them vulnerable. They've already got stiff competition out there.
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#18May 21, 2025, 10:59 AM
Definitely, and I bet there are still loyalists hoping to bring back Jihan. They might want to reclaim their old market dominance.
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