@everaldclornlsla
Feixiaohao, a leading cryptocurrency market data provider in China, is currently under investigation by the Inner Mongolia police. The investigation, which has reportedly been ongoing for over six months, has led to the arrest of several key company executives.
While the precise reasons behind the investigation are undisclosed, there are indications that it may involve compliance issues or disputes related to the platform’s business practices.
Feixiaohao has been a prominent player in China’s crypto ecosystem since its launch in 2017. It offers real-time data on digital assets and exchanges and is a major resource for cryptocurrency enthusiasts in the country.