Co-Owner Cobra Shares Concern on Absence of Bitmain’s Former CEO Jihan Wu on Social Media

The co-owner of and, known by a pseudonym Cobra, has expressed his worry about the disappearance of the former Bitmain CEO Jihan Wu from social media.

Speaking about the sudden disappearance of Jihan Wu, Cobra said that:

Where Trouble Began

Jihan Wu has absconded from social media for a while now, leaving the cryptocurrency community worried. Trouble started back in November 2018, when the Bitcoin Cash Community split during the famous Bitcoin Cash hardfork, which saw the blockchain, split between Bitcoin Cash ABC and Craig Wright’s Bitcoin Cash SV.

The two factions were not in agreement and had a continued dispute, forcing them to split the coin into two cryptocurrencies – both of which are currently among the top 10 coins according to market capitalization.

Continued Woes For Jihan Wu

Following the Bitcoin Cash hard fork, market pressure forced the two cryptocurrencies to take a sharp dive to a yearly low. During that time, Jihan Wu was also demoted from the position of director at Bitmain to a supervisor, with resignation rumors surfacing months later.

While Jihan Wu remains one of the stakeholders of Bitmain, he is expected to be ousted as the CEO of the company, with a new appointment imminent.

Since all these problems came into light, Jihan Wu has chosen to remain behind the scenes, retreating from all social media channels, something that has left many people in the cryptocurrency space worried.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide