Rumor has it that Bitmain will terminate its IPO? Officials refuse to comment, investors say the news is just a rumor

Rumor has it that Bitmain will terminate its IPO? Officials refuse to comment, investors say the news is just a rumor

According to an investor close to Bitmain who revealed to Tencent Finance, Coingeek and Btcking555 have been "making up stories" to attack Bitmain due to the BCH fork, and all the news they released are rumors. Bitmain is in a silent period so it can only decline to comment. Bitmain's listing process is progressing normally.

Recently, Calvin Ayre, founder of Coingeek, posted on Twitter that Bitmain will terminate its IPO and try to reorganize. "The problem is that their technology no longer works, and they failed in their reckless, untested wormhole fork plan."

In response to the news, Bitmain told Tencent Finance: “No comment.”

According to an investor close to Bitmain who revealed to Tencent Finance, in fact, Coingeek and Btcking555 have been "making up stories" to attack Bitmain due to the BCH fork, and all the news they released are rumors. Bitmain is in a silent period so it can only decline to comment. Bitmain's listing process is progressing normally.

Bitmain founder Jihan Wu retweeted the Coingeek report earlier on Twitter and commented that "Coingeek believes they will be able to manipulate the public, watching lying reporters like Kyle successfully manipulate the public."

Wu Jihan previously accused Coingeek of manipulating the public

Coingeek reported earlier that Bitmain and Bitcoin ABC are trying to add their will to the original protocol, and they are slowing down any attempts at large-scale chain expansion by limiting the block size to 32MB.

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