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2019-12-16 07:05:54

MicroBT founder arrested for alleged embezzlement.

According to the Chinese news outlet Finance Caixin, Yang Zuoxing was arrested by the Chinese police over alleged embezzlement of 100,000 yuan ($15,000). The details of the embezzlement were not revealed. MicroBT has been giving a serious competition to bitcoin miner maker giant Bitmain.   Yang was a former Bitmain Executive. Yang Zuoxing Yang was […]