The MEXC crypto trade has been below the microscope just lately after a number of complaints emerged on X (previously Twitter) that the platform had been illegally withholding person funds. These claims have since snowballed into speculations that the crypto trade is illiquid and is holding person funds in consequence.
Consumer Claims MEXC CEO Deleted X (Twitter) Account
Amid the fray, one other declare emerged that the MEXC CEO had deleted their X (previously Twitter) account. The publish made by X person who goes by Crypto Crib carried with it a screenshot that confirmed the now not current deal with of @MEXC_CEO.
The tweet which has been seen virtually 50,000 occasions because it was posted precipitated a stir within the crypto neighborhood, additional aggravating the state of affairs. Given this, the official MEXC account took to the platform to make clear the story behind the deactivated account.
In an preliminary response to the X person, the trade defined that the account didn’t and by no means belonged to its CEO. Slightly, it defined that the account shared within the publish was not associated to the trade. “MEXC by no means has an official CEO account. The captured account is a faux account that has been disabled by X,” the trade said.
Complete market cap at $1.623 trillion | Supply: Crypto Complete Market Cap on Tradingview.com
Crypto Trade Takes Steps To Clear Its Identify
Regardless of the preliminary response, MEXC was unable to fully allay the fears of customers, particularly as customers took to X to share that the deleted account had truly been concerned with the trade sooner or later. In a subsequent publish, the trade agreed that this was truly the case. However additional clarified the timeline of occasions and why the trade is now not associated to the trade.
Apparently, the @MEXC_CEO account had truly belonged to the trade’s CEO at one level, however that was again in 2021. The publish revealed that the CEO had ultimately exited the crypto trade in 2022, and because the account was not extensively recognized, they didn’t make clear the exit.
“MEXC didn’t make a particular announcement (that is the elemental cause for the widespread misunderstanding brought on by the deletion of this account),” the publish learn. “The person related to this account has no precise reference to MEXC Official.”
In an effort to keep away from a reoccurrence of an occasion like this, the crypto trade revealed it had eliminated all tweets interacting with the MEXC_CEO account. Moreover, it plans to make public bulletins when there are vital modifications to workers and personnel concerned with the trade.
