{"id":38148,"date":"2023-12-26T22:26:48","date_gmt":"2023-12-26T22:26:48","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims"},"modified":"2023-12-26T23:36:06","modified_gmt":"2023-12-26T23:36:06","slug":"seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims","title":{"rendered":"Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims"},"content":{"rendered":"

Africa-Press – Seychelles. <\/strong><\/span>he Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users\u2019 accounts or \u201cwiping\u201d out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal action.<\/p>\n

Baseless Claims<\/p>\n

The Seychelles-based cryptocurrency exchange, MEXC, has described allegations that it is unilaterally freezing users\u2019 accounts as \u201cbaseless claims\u201d being propagated by \u201cindividuals with ulterior motives.\u201d In a statement, the MEXC team said it vehemently opposes attempts to defame it or disseminate false narratives and may institute legal proceedings against those behind the rumors.<\/p>\n

The crypto exchange\u2019s strong rebuttal of claims followed several media reports of disgruntled users, some of whom have accused MEXC of \u201cwiping\u201d out profits as well as the relevant trade history. One of the affected users claimed to have lost access to 92,000 in USDT stablecoins when the crypto exchange allegedly froze his account.<\/p>\n

Sharing his ordeal on X (formerly Twitter), the user, who uses the name Vida, said subsequent attempts to recover the funds were frustrated by MEXC\u2019s support team, which cited \u201cabnormal trading activities\u201d in the user\u2019s account or associated accounts.Users Urged to Refrain From Spreading False Information<\/p>\n

However, in the crypto exchange\u2019s Dec. 24th rebuttal of the claims, the MEXC team said it is still committed to users\u2019 welfare. It also warned users to avoid spreading fake news about the crypto exchange.<\/p>\n

\u201cSince its establishment, MEXC has consistently upheld \u2018Customer First,\u2019 as its guiding principle. We are committed to safeguarding the interests of users and cultivating project partners. We sincerely appreciate the trust and support that our users have consistently placed in us. We encourage everyone not to blindly believe rumors and refrain from spreading false information,\u201d the crypto exchange said.<\/p>\n

In another post on X, the MEXC team disavowed an account purporting to be that of its CEO and told users to verify news about it through official social media channels. Despite the crypto exchange\u2019s assurances, some users continued to report unsuccessful withdrawal requests<\/p>\n

For More News And Analysis About Seychelles<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Seychelles. he Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users\u2019 accounts or \u201cwiping\u201d out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal action. Baseless Claims The Seychelles-based cryptocurrency exchange, MEXC, has described allegations that it is unilaterally […]<\/p>\n","protected":false},"author":84,"featured_media":38147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,268,233],"class_list":["post-38148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-seychelles","tag-seychelles"],"yoast_head":"\nSeychelles-Based Crypto Exchange MEXC Rejects 'Baseless' User Asset Freeze Claims - Seychelles<\/title>\n<meta name=\"description\" content=\"he Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users\u2019 accounts or \u201cwiping\u201d out their ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seychelles-Based Crypto Exchange MEXC Rejects 'Baseless' User Asset Freeze Claims\" \/>\n<meta property=\"og:description\" content=\"he Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users\u2019 accounts or \u201cwiping\u201d out their ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\" \/>\n<meta property=\"og:site_name\" content=\"Seychelles\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-26T22:26:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-26T23:36:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2023\/12\/sm_1703617370.062792.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims\",\"datePublished\":\"2023-12-26T22:26:48+00:00\",\"dateModified\":\"2023-12-26T23:36:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\"},\"wordCount\":358,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2023\/12\/sm_1703617370.062792.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Seychelles\",\"Seychelles\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/seychelles-based-crypto-exchange-mexc-rejects-baseless-user-asset-freeze-claims\",\"name\":\"Seychelles-Based Crypto Exchange MEXC Rejects 'Baseless' User Asset Freeze Claims - 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