Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner’s Board

2018-11-15 12:50

Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.

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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization.

2018-11-15 21:26