A number of traders have released reports along these lines in the last couple days.
The exchange asserts that abnormal trading activities were the driving force.
According to many claims on Twitter, crypto exchange MEXC has purportedly restricted the accounts of numerous traders and seized their funds. The exchange asserts that “abnormal trading activities” were the driving force behind the measures.
Ever since Dec. 16, users of MEXC have been griping about account limitations. Following gains from various transactions conducted over the last fifteen days in the futures market of MEXC, the anonymous trader known only as “Vida” disclosed on twitter a $92,000 loss in USDT tokens.
Risk Management System
Vida’s images reveal that the exchange’s employees looked into the matter after the MEXC support team admitted that their risk management system had detected an issue with the transactions.
According to the statement made by MEXC:
“Regarding the account restrictions and issu
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