China: OKEx Founder Detained By Chinese Authorities Over Fraud Allegations

Ethereum World News

On the 11th of September, and according to China’s local news outlet Sina News, Star Xu, the founder of the cryptocurrency exchanges of OKEx and OKCoin, was arrested by Shanghai Police Officials. Xu was allegedly involved in a fraudulent scheme regarding WFEE coin. Xu, being a shareholder of the firm behind the project, was detained and put through a round of questioning to get to the bottom of the rumors that it is a scam.

image via Shutterstock

Read More

Follow us on: