Bitmain responds: Liu Luyao's arrest by police is pure rumor

According to the Beijing News, on May 8, the media reported that when Zhan Ketuan was collecting the business license of Beijing Bitmain, whose legal person is Zhan Ketuan, at the Haidian District Government Service Center, the business license was snatched away from the hands of the industrial and commercial administrative personnel by a group of unidentified people. Someone at the scene said that the group of unidentified people was directed by Liu Luyao. Liu Luyao is the former legal person of Bitmain and a high school and undergraduate classmate of Wu Jihan. In the afternoon, Bitmain issued a statement saying that Zhan Ketuan no longer holds any position in "Beijing Bit". Liu Luyao is the current legal and valid legal representative of "Beijing Bit".
On the same day, some media reported that Liu Luyao had been arrested by the police. In response to this news, Bitmain responded to the Beijing News reporter that the arrest of Liu Luyao by the police was pure rumor, and Bitmain would reserve the right to pursue criminal responsibility for the rumor maker.

Source: Beijing News

Beijing News reporter Zhang Shuxin, editor Zhao Ze