Ex-Bitmain staff, now MicroBT CEO, arrested over alleged IP dispute

Ex-Bitmain staff, now MicroBT CEO, arrested over alleged IP dispute – CoinGeek

Shenzhen police have arrested Zuoxing Yang, founder and CEO of crypto miner manufacturer MicroBT, Chinese news outlet BlockBeats reported. Citing sources familiar with the matter, the news outlet reported that Yang was taken into custody following allegations of intellectual property (IP) infringement related to the production of crypto mining hardware by MicroBT as it relates to the technology of rival Bitmain.