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. Wu cited a report from a local crypto channel on WeChat, which mentioned that “many key members of the Feixiaohao team” have been taken away by the Inner Mongolia police for investigation. Reasons for …