‘We Fucked Up’: MEXC Exec Promises Changes After Blowup Over Frozen Crypto Millions

In brief

  • Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since.
  • On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future.
  • However, several other users have reported similar issues as the exchange’s withdrawals have noticeably spiked since mid-July.

Centralized exchange MEXC has apologized for freezing the funds of a crypto whale for months, releasing his $3 million back to him and acknowledging that it handled the situation poorly.

Pseudonymous trader and crypto influencer The White Whale had his $3 million MEXC account suspended in July. The exchange told him that…

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