The Hong Kong Securities and Futures Commission (SFC) has recently raised concerns over Bybit, marking it as a platform of suspicion. This move comes amid a broader regulatory push within Hong Kong to oversee and regulate the crypto market. The SFC’s cautionary note addresses 11 investment products by Bybit, indicating potential risks these might pose […]
The Hong Kong Securities and Futures Commission (SFC) has issued an alert on a suspected fraudulent platform impersonating the presence and operations of a popular cryptocurrency exchange MEXC. This development comes from a joint operation between the Hong Kong regulator and the local police force aimed at uncovering illicit activities of virtual asset trading platforms […]
The MEXC crypto exchange has been under the microscope recently after multiple complaints emerged on X (formerly Twitter) that the platform had been illegally withholding user funds. These claims have since snowballed into speculations that the crypto exchange is illiquid and is holding user funds as a result. User Claims MEXC CEO Deleted X (Twitter) […]
Seychelles-based crypto exchange MEXC has come under fire for allegedly locking users out of their accounts and seizing their funds. These actions, which the exchange claims were motivated by abnormal trading activities, have sparked concerns from the crypto community. Many users have flocked to social media platform X in recent days to accuse MEXC of […]