Crypto6 Nov, 13:30 UTCChina

Police stop Solana event in Shanghai, China opens investigation

Police halted a Solana event in Shanghai, and Chinese authorities opened an investigation into unauthorized promotion. The case shows how China's crypto restrictions can affect industry events.

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Photo: King of Hearts, CC BY-SA 4.0, via Wikimedia Commons

Crypto · 6 Nov, 13:30 UTC

On October 16, the Solana Foundation put off the morning event in Shanghai that was part of Solana Accelerate China 2026. Attendees said officers stood outside the venue and they were unable to enter.

Crypto

The disruption raised questions about whether China's crypto restrictions played a part. The Foundation first blamed venue logistics. It did not explain what happened or announce a new date.

Solana, the past month

$90.40down −25.11%

Crypto

Authorities have since opened an investigation into what they described as unauthorized promotion of crypto.

Solana$90.40down −25.11%over 1 month

Prices by CoinGecko. Past moves say nothing about future ones.

$1,000 in Solana

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Background

China restricts crypto activity, which prompted questions about the halted event.

Where: China
Published: 6 Nov, 13:30 UTC
Section: Crypto
Markets: Solana

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
Photo: King of Hearts, CC BY-SA 4.0, via Wikimedia Commons

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