User Claims MEXC CEO Deleted Twitter Account
The MEXC crypto exchange has faced allegations of illegally withholding user funds, sparking rumors that the platform is illiquid and holding user funds. Amidst these claims, a user on Twitter, known as Crypto Crib, shared a screenshot showing that the MEXC CEO’s Twitter account (@MEXC_CEO) no longer existed.
This tweet caused a stir in the crypto community, prompting MEXC to address the situation. The exchange clarified that the deactivated account was not affiliated with its CEO. They stated that MEXC never had an official CEO account and that the captured account was a fake one disabled by Twitter.
Crypto Exchange Takes Steps To Clear Its Name
Despite this response, users expressed concerns as some claimed that the deleted account had been associated with MEXC in the past. In a subsequent post, MEXC acknowledged that this was true but explained that the CEO had left the exchange in 2022 and did not make a public announcement about it.
To prevent future misunderstandings, MEXC removed all tweets related to the MEXC_CEO account and plans to make public announcements about significant changes in personnel. The exchange aims to avoid similar incidents in the future.
Hot Take: MEXC Addresses Allegations Surrounding Deactivated Twitter Account
Recent allegations against MEXC involving a deactivated Twitter account have raised concerns about the exchange’s transparency and handling of user funds. While MEXC denies any connection between its CEO and the deleted account, users remain skeptical due to conflicting information. The incident highlights the importance of clear communication and accountability within crypto exchanges. Moving forward, MEXC has committed to improving transparency by providing timely updates on personnel changes and addressing user concerns promptly. However, the exchange must take further steps to regain trust and ensure the security of user funds. This incident serves as a reminder for crypto users to exercise caution and conduct thorough research before entrusting their assets to any platform.
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