"What I'm proposing is a plan that I believe can literally change the entertainment system as we know it. I believe that I can also bring down potentially a paedophile ring that I've been aware of since I was a child," he said.
Feldman said he could name six of the predators, one of whom is still "very powerful".
"I know that there's thousands others that have experienced what I have experienced in the entertainment industry and I also know there's peers of mine who know what I'm talking about and know all the details but have been afraid to come forward with their own truths,' he added.
"Ever since I even discussed the fact that I had this plan, my life has turned into utter chaos. I've experienced things like never before. I've been silenced my whole life but over the last few days, since I made that announcement, I've been arrested and had a near-death experience last night where I felt like I was going to be killed," he said.
Several of his band members had suddenly quit in fear of their lives, he added, and he was now "very alone".
Last year he spoke about how he and Haim were targeted.
"With me, there were some molestations, and it did come from several hands, so to speak, but with Corey, his was direct rape, whereas mine was not actual rape. And his also occurred when he was 11," he told The Hollywood Reporter.