Exclusive | Insider: Bitmain secretly submitted its prospectus a few months ago and has now suspended its listing

According to Deepchain Finance, Tencent News’ Qianwang reported that a week before Wu Jihan launched the “coup” raid, Bitmain had secretly submitted an application for listing to the SEC, with Deutsche Bank as the sponsor. However, according to a Wall Street insider, Bitmain secretly submitted a prospectus to the SEC at almost the same time as Canaan Creative a few months ago, and went through several rounds of Q&A sessions with the SEC, after which Bitmain suspended its listing. Insiders believe that the SEC is not a big problem, the key is that the audit of the accounting firm encountered obstacles, which may involve too many digital currency assets and pose a large financial risk, while Canaan Creative does not have this problem. Deepchain Finance asked Bitmain for confirmation on this matter, and the staff said they would not respond for the time being.