Bitmain faces investigation in Taiwan over alleged talent-poaching conduct

The Taiwan New Taipei District Prosecutors Office has launched an investigation into bitcoin mining hardware maker Bitmain's human resources conduct in the region.

According to Taiwan's Central News Agency on Tuesday, the prosecutor inspected seven offices of two locally incorporated companies that have direct relationships with Beijing-based Bitmain, as well as 19 Taiwanese executives who are associated with these companies.

The investigation focused on whether these companies violated laws by disguising their ties with a mainland Chinese company but poaching local talent in Taiwan's semiconductor industry.

The semiconductor industry – fab or fabless – is critical to the Taiwanese economy and is under local intellectual property protection.

During the Tuesday inspection, the prosecutor reportedly probed various corporate materials including company books, employee contracts, job offers, confidentiality agreements, employee roasters, computer logs and mobile phones.