MEXC, a Crypto Exchange in Seychelles, Dismisses Allegations of Unfounded User Asset Freeze

MEXC, a Crypto Exchange in Seychelles, Dismisses Allegations of Unfounded User Asset Freeze


MEXC Responds to Allegations

The Seychelles-based crypto exchange, MEXC, has rejected claims that it is freezing users’ accounts, calling them “baseless” and a result of individuals with ulterior motives. In a statement, the MEXC team expressed its opposition to false narratives and defamation and stated that it may pursue legal action against those spreading rumors. These claims came after media reports of disgruntled users who accused MEXC of wiping out their profits and trade history. One user claimed to have lost access to $92,000 in USDT stablecoins when their account was allegedly frozen. The user’s attempts to recover the funds were hindered by MEXC’s support team, citing abnormal trading activities.

Commitment to Users’ Welfare

In response to these allegations, MEXC reaffirmed its commitment to users’ welfare and urged them to refrain from spreading false information. The crypto exchange stated that it upholds the principle of “Customer First” and appreciates the trust and support from its users. The MEXC team encouraged users to verify news through official social media channels and not blindly believe rumors. Despite these assurances, some users continued to report unsuccessful withdrawal requests.

Hot Take: MEXC Addresses Allegations and Promotes Transparency

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MEXC, a Seychelles-based crypto exchange, has denied allegations of freezing users’ accounts and wiping out profits. The team strongly refutes these claims, calling them baseless and driven by individuals with ulterior motives. MEXC asserts its commitment to users’ welfare and warns against spreading false information. Users are encouraged to rely on official social media channels for verified news. The crypto exchange’s response comes in the wake of disgruntled users reporting frozen accounts and lost funds. While MEXC’s counterclaims aim to address the situation, some users continue to face issues with withdrawal requests.

MEXC, a Crypto Exchange in Seychelles, Dismisses Allegations of Unfounded User Asset Freeze
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Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.