Yang Zuxing, CEO of Shenma Mining Machinery, was taken away by the police to assist in the investigation, or involved in intellectual property disputes in Bit China.

Today, there is news that the Bitcoin mining industry executives were taken away by the police and assisted in the investigation. The amount involved was tens of millions of yuan. The person familiar with the matter confirmed that the police were taken away by the founder of Shenma Mining Machinery and CEO Yang Zuoxing. It is understood that the reason why Yang Zuoxing was taken away by the police involved intellectual property disputes in Bit China. The estimated time was taken at the end of October, involving an amount of tens of millions of yuan. If the final investigation results are true, then Yang Zuoxing may face imprisonment for three years or more and seven years or less.