MEXC Exchange Sees Significant Withdrawals Amid User Funds Freeze Controversy
MEXC Exchange Sees Significant Withdrawals Amid User Funds Freeze Controversy
Cryptocurrency exchange MEXC experienced a wave of massive user withdrawals on October 31st. This exodus followed a public apology from the exchange's chief strategy officer regarding the mishandling of a user's funds, identified by the pseudonym 'The White Whale'. The incident reportedly originated from a claim in July concerning frozen assets, prompting users to move their holdings away from the platform.
MEXC Sees Massive Exchange Withdrawals After User Funds Freeze Incident
Cryptocurrency exchange MEXC saw increased activity on its platform on Friday, October 31st, with several users seemingly moving their assets away. These massive withdrawals coincided with the exchange’s chief strategy officer’s public apology for mishandling a situation with a user with the pseudonym The White Whale. Earlier in July, The White Whale claimed that MEXC […]