EddieJayonCrypto
26 Dec 23
The MEXC crypto exchange has been embroiled in controversy after allegations of illegally withholding user funds and claims that the CEO deleted their X (formerly Twitter) account. Despite initial denials, the exchange confirmed that the @MEXC_CEO account had belonged to the CEO in 2021, but clarifi...
The MEXC crypto exchange has been embroiled in controversy after allegations of illegally withholding user funds and claims that the CEO deleted their X (formerly Twitter) account. Despite initial denials, the exchange confirmed that the @MEXC_CEO account had belonged to the CEO in 2021, but clarified that the CEO had left the exchange in 2022. To prevent future misunderstandings, the exchange removed all tweets related to the MEXC_CEO account and committed to making public announcements about significant personnel changes.
The MEXC crypto exchange has been under scrutiny with multiple complaints emerging on X (formerly Twitter) that the platform had been illegally withholding user funds. These allegations have led to speculations that the crypto exchange is illiquid and is holding user funds as a result. A claim also emerged that the MEXC CEO had deleted their X account, causing further unrest in the crypto community. The exchange has taken steps to clarify the situation and has revealed that the @MEXC_CEO account did belong to the CEO in 2021, but they have since left the exchange in 2022. As a preventive measure, the exchange removed all tweets related to the MEXC_CEO account and is committed to making public announcements about significant personnel changes.
Disclaimer:This is not financial advice. Please do your own research before investing in any asset.