TechFlow news — On July 30, Bitmain's subsidiary Shenzhen Century Cloud Core Technology Co., Ltd. (hereinafter "Century Cloud Core"), affiliated with Zhan Ketuan, issued a statement announcing that it had delivered over 50,000 mining machines and related accessories to Chongqing Silicon Mainland Technology Co., Ltd. (hereinafter "Chongqing Silicon"), which is affiliated with Wu Jihan. However, Chongqing Silicon has never made any payment to Century Cloud Core. Subsequently, Chongqing Silicon filed a lawsuit against Century Cloud Core and applied for pre-litigation asset preservation. On July 30, 2020, based on this application, the Intermediate People's Court of Shenzhen, Guangdong Province, seized some mining machines stored in Century Cloud Core's warehouse. Century Cloud Core called for commercial disputes to be resolved rationally and properly within the framework of the law.
