Users of the MEXC crypto exchange are unhappy with the blocking of their accounts

Users of the MEXC crypto exchange are unhappy with the blocking of their accounts

user avatar

by Max Nevskyi

3 years ago

Several traders have expressed dissatisfaction with their blocked accounts and subsequent asset confiscation actions on the MEXC cryptocurrency exchange.

MEXC employees have behaved unethically; many users have complained about the freezing and seizure of financial assets. I lost 92,000 USDT. I made a profit by trading futures on the MEXC platform, multiplying my capital by five times in 15 days, and then my account was blocked. I contacted customer support and submitted documents, but the next day, all my money disappeared from my account along with the order history.wrote a dissatisfied MEXC customer.

Another trader faced similar difficulties when his account was blocked after earning $8,000 in trading cryptocurrency. He claims that about 10% of his friends also experienced account blockages, indicating a widespread issue.

Representatives of MEXC customer support announced that the freezing of accounts and confiscation of digital assets could result from unusual user trading activity. According to the terms of service, the exchange has the right to block accounts without prior notice in case of violations by customers. Therefore, it can be assumed that the blocked traders are suspected of financial misconduct.

While MEXC director John Chen deactivated his account in Russia, where it was banned on Twitter, this has sparked discussions about a possible exit scam. Members of the crypto community believe that exchange employees may attempt to abscond with customer funds. Traders are advised to refrain from using MEXC's services until the situation is clarified.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Expands into Traditional Finance as Mining Pool Closes

As Binance prepares to shut down its mining pool, the exchange is expanding into traditional finance by providing access to over 7,000 US stocks and ETFs for customers outside the United States.

user avatarMiguel Rodriguez

Binance Announces Closure of Mining Pool Services

Binance has announced the closure of its mining pool and related services effective November 10, 2026.

user avatarLuis Flores

AI Researchers Light Up Cigarettes to Signal Confidence in AI's Cancer Cure Potential

AI researchers are smoking cigarettes to signal their confidence in AI's potential to cure cancer.

user avatarArif Mukhtar

Sony's Plan to Discontinue Physical Game Discs Faces Major Backlash

Sony's announcement to stop producing physical game discs by 2028 has led to significant backlash from the gaming community.

user avatarMaria Gutierrez

Vibe Coders Successfully Port PS5 Games to PC with AnyPS5 Project

Vibe coders are making significant strides in porting PlayStation 5 applications to Windows and Linux through their open-source project, AnyPS5, which aims to convert PS5 game executables into programs that can run natively on PCs.

user avatarDavid Robinson

TRON DAO Reports Significant Growth in Q3 2026

TRON DAO highlights significant growth in transaction volume and network activity in its Q3 2026 ecosystem report.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.