Taiwan to investigate Bitmain over talent poaching claims Tech
Block reward mining hardware manufacturer Bitmain is facing an investigation by law enforcement agencies in Taiwan over concerns about the company’s human resources practices in the country.
The Taiwan New Taipei District Prosecutors Office is reported to have carried out inspections at seven office locations in Taiwan of companies linked to Bitmain. Investigations are also underway into 19 executives connected to the companies involved.
According to local press reports, authorities probed company materials including books, contracts, job offers, computer logs, phone records, confidentiality agreements and other documents.
As a result of the investigation, authorities have also discovered that Bitmain has incorporated two subsidiary companies in Taiwan within the semiconductor sector, contrary to local laws designed to protect the sector from Chinese investment.