BISS closed: Chinese authorities have shut down the exchange and arrested 10 people

Beijing-based crypto exchange BISS has been shut down by Chinese authorities. Law enforcers have arrested ten people that were allegedly involved in its operations. BISS closed and staff members arrested The news has been spreading in China for several days, yet it was revealed to the west only recently. Chinese media outlet Sohu reported about the incident; however, it remains unclear as to when did the event took place. BISS was a popular crypto trading platform and was rising as of late. Later on, the company published a blog post admitting that there was a problem with user withdrawals. The