Is this man the reason behind Chinese Crypto Mining Ban?

The exclusive update on the arrest of  Xiao Yi, the former party member and vice chairman of the Jiangxi Provincial Committee of the Chinese People’s Political Consultative Conference, took a completely different angle with raging speculations about the senior official allegedly being one of the core reasons for the ban on crypto mining by the Chinese central government. An investigation by the Central Commission for Discipline Inspection and the State Supervision Commission, together with the Central Committee of the Communist Party of China, revealed the “serious violations of discipline and law” by Xiao Yi, which included illicit encouragement and enabling of crypto mining businesses in the nation.