Yang Zuoxing, founder of one of the world’s largest cryptomining-equipment makers, MicroBT, has been subject to an arrest order on suspicion of embezzling about 100,000 yuan ($14,340), Caixin has learned.
His arrest comes after years of civil and criminal patent disputes with his former employer and industry rival Bitmain Technologies Ltd., though it is not clear if the arrest is linked to those disputes.
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