Launched in 2017, Feixiaohao is one of the many Chinese websites that remained operational even after the major cryptocurrency ban was enforced in China in 2021.
Feixiaohao, a major cryptocurrency market data and industry news provider in China, is reportedly under investigation by local police.
Several key executives at Feixiaohao are alleged to have been arrested within an ongoing investigation in Inner Mongolia, an autonomous region of northern China, the Chinese cryptocurrency journalist Colin Wu reported on his channel Wu Blockchain News on Aug. 28.
Source: Wu Blockchain
