The CEO of Chinese cryptocurrency exchanges OKcoin and OKEx is in police custody over alleged fraud, local media report September 11. Xu’s Business Gets All-Clear As multiple sources on social media claim in addition to Sina News, Star Xu is currently assisting officers in Shanghai investigate fraudulent activity on the part of WFEE coin, of which he is a shareholder. Various posts show photographs of Xu at a Shanghai police station, albeit seemingly free toRead MoreThe post Chinese Police Hold OKCoin CEO For ‘Investigation’ Over Alleged Fraud Links appeared first on Bitcoinist.com.
