Only four entrepreneurs who made their fortunes in crypto were included in the list of 2,095 billionaires revealed by Forbes this year. The richest man in crypto is Bitmain co-founder Micree Zhan, who appears at No. 690 on the list with a net worth of $3.3 billion.
Bitmain Chairman and CEO Jihan Wu has announced a few interesting changes to Bitmain’s client sales strategies aimed at fixing its receding market dominance.
Ousted Bitmain co-founder Michree Zhan has threatened to seek legal redress to retain his position as co-founder of the company.
Bitmain has reportedly filed with the SEC as it intends to go public in the U.S. At the moment, there aren’t specific details about the filing.
Canaan, which is a competitor to Bitmain, is reportedly seeking to list in the U.S. after its Hong Kong plans fell through.
It appears that Micree Zhan has been forced out of Bitmain by his CEO and co-founder Jihan Wu.