Posts on X (Twitter) suggest that Bitmain co-founder Micree “James” Zhan Ketuan may be facing a billion-dollar fine, alleged detention, and a complete fallout with business partner Jihan Wu. Conflicting reports leave the crypto community scrambling to verify the details of one of the sector’s most high-profile crises. Bitmain Co-Founders at Center of Growing Speculation and Uncertainty Bitmain, a pioneer in Bitcoin mining hardware, controls equipment powering over 74% of the global Bitcoin hash rate. It is also responsible for chips used in AI data centers running Nvidia H100s
source: https://beincrypto.com/bitmain-cofounder-crisis-power-struggle/