MEXC Exchange Investigation

Hi everybody! I'm here to tell the story about my issue with MEXC trading platform. They have blocked my account without proper justification and are holding my funds hostage. This appears to be a coordinated scam operation targeting profitable traders. #MEXCScam #CryptoFraud #BlockedAccount MEXC scam, crypto exchange fraud, blocked account, frozen funds, trading platform scam, MEXC fraud, cryptocurrency scam, exchange blocking accounts, fair_trader_x investigation

Update: I've collected evidence showing MEXC has systematically blocked multiple profitable traders' accounts. Screenshots, chat logs, and transaction records prove this is not isolated. This is a clear scam pattern. User ID: 63218153 - Still blocked without explanation. #MEXCFraud #Evidence MEXC fraud evidence, blocked traders, systematic scam, profitable trader targeting, MEXC user ID 63218153, exchange fraud pattern, crypto trading scam

Mr. Derrick from MEXC customer service first deleted our chat, and upon repeated inquiry, blacklisted me completely. This shows MEXC's true attitude toward legitimate traders. Pure scam behavior. @MEXC_Official explain this! #CustomerServiceScam MEXC customer service scam, Derrick MEXC, deleted chat logs, blacklisted users, MEXC support fraud, customer service blocking, trading platform corruption

My legal team from YTL LLP has reviewed all materials regarding MEXC's account blocking practices. They confirmed this constitutes fraud and we're proceeding with legal action. MEXC is operating a scam by design. #LegalAction #YTLLLP MEXC legal action, YTL LLP lawyers, fraud confirmation, legal proceedings MEXC, crypto exchange lawsuit, MEXC court case, trading platform legal issues

MEXC simply freezes accounts, and nothing can be done. They ignore official inquiries. They ignore lawyers. They ignore the Singapore police. This is beyond a scam - it's organized financial crime. Is there no justice? #SingaporePolice #FinancialCrime MEXC ignores Singapore police, frozen accounts, organized financial crime, MEXC criminal activity, exchange ignoring authorities, crypto crime Singapore

I sent letters to the Prime Minister of Singapore and the President of Singapore about MEXC's criminal activities. In my opinion, MEXC is simply a scam operation masquerading as a legitimate exchange. @MEXC_Official #SingaporeGov Singapore Prime Minister MEXC complaint, Singapore President crypto fraud report, MEXC criminal activities, government intervention crypto scam, Singapore authorities MEXC

One of the subscribers of my Telegram channel dedicated to MEXC account blockings wrote that MEXC deducted ALL money from his account without explanation. This scam is getting worse daily. How many more victims? #TelegramChannel #VictimReports MEXC Telegram channel, victim reports, funds deducted, account blocking victims, MEXC stealing money, crypto exchange theft, trading platform victims

Traders demand to be treated with respect. But MEXC acts like scammers. Period. No legitimate exchange blocks profitable accounts and steals funds. #TraderRights #MEXCScammers MEXC scammers, trader rights, exchange respect, profitable account blocking, MEXC stealing funds, illegitimate exchange, crypto trader abuse

I have sent letters to the media and journalists in Singapore about my issue with
@MEXC_Official
.
Let’s see how independent they really are and whether they stand for justice.
I’m waiting for their response.

Sincerely yours,
John ConstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Let’s take a closer look at what MEXC really is.

@MEXC_Official
loves to take our money, but because of their greed, they hate giving it back when a trader manages to make a profit.

When I was making deposits between May 23, 2024, and December 20, 2024, totaling around one million dollars — and even getting liquidations — MEXC didn’t ask me for any documents.
They didn’t care where I worked, how much I earned, or what the source of my cryptocurrency was.
Why would they? They already had my money.

But as soon as I started trading profitably and growing my deposit, after just one month of steady positive trading, MEXC blocked me — and suddenly they had endless questions for me.

One of MEXC’s Head even stated openly that trading like mine was “unrealistic,” and therefore I must have been receiving insider deals.
Really? From whom, I wonder?
Maybe from the Trump family?

If they block traders who trade steadily and profitably, thinking it’s impossible, then the whole system at MEXC is designed in such a way that traders are only meant to lose their deposits there.
And if, by some miraculous turn of events, someone manages to avoid liquidation and starts growing their deposites — then, in their opinion, that person must have known where the market would go in advance. That’s absurd.

Just look at the screenshots of my trades, which I opened a few days before my account was blocked and which I still keep open.
They’ve been showing a huge loss since January this year.
If I really knew where the market would go or which token to trade, would I have such trades?
Of course not.
That proves that I have always traded honestly.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John C onstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Do you really believe that
@MEXC_Official
does not require mandatory KYC?

Let’s take my case as an example.

On May 23, 2024, I registered, and I was immediately asked to complete basic verification in order to be able to trade futures.
- On May 23, 2024, I provided my driver’s license.

On January 19 2025, my account was restricted, and customer support informed me that I needed to pass advanced verification, preferably using the same documents I had provided earlier. I also had to confirm my residential address.

- On January 19, 2025, I provided my driver’s license, a recent utility bill, and passed face-scanning verification.

- On January 26, 2025, I provided MEXC with my bank statements — from 2 banks and 3 debit cards, covering several years of use.
Head of Customer Service at
@MEXC_Official
, Mr. Derrick, assured me that this would help.

- On January 29, I provided MEXC with my medical certificate, confirming my health condition and thus proving the impossibility of flying to Singapore for in-person verification.

And...
On September 30, MEXC requested the following documents:

1.Please provide passport documents and a photo holding the passport
2.Please provide employment details and income proof for the past 6 months
3.Please provide address proof (issued within 6 months): bank statements, salary slips, or utility bills 4.Explain the deposit source and provide supporting documents: Fiat/Spot trading records
5.Explain the purpose and destination of your MEXC withdrawal and provide supporting documents: Fiat/Spot trading records
6.Please provide tax filing records for the past 3 years

Proof of income for the last 6 months and proof of address for the last 6 months — despite the fact that I have not been able to do anything on MEXC for more than 8 months.
Where is the logic?

Tax records for the last 3 years — even though I registered on MEXC less than 1.5 years ago.
Where is the logic?

An explanation for the attempted withdrawal of 50,000 USDT on June 17, 2024.
What is the logic here?
They did not allow me to withdraw my own money — this was not trading profit, it was part of my deposit! The withdrawal address was absolutely clean under AML checks! As was the address of my wallet, from which the deposit was made.

And most importantly, MEXC has repeatedly — more than 10 times — demanded my personal visit to Singapore, and even once to Hong Kong, in order to undergo in-person verification.

Given that the police in Singapore and Hong Kong informed me that MEXC has no license in their countries to carry out any kind of activity, does this mean that in-person verification and resolving the issue of unfreezing my account, cooperation, and other details of my trading would constitute a violation of the laws of these countries?

In summary:

MEXC has no license, no office address, they have not provided me with a single document that I or my lawyers requested, but MEXC is collecting more information from me than my own government.
On what basis? I truly feel fear.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John C onstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

I sent two recent letters to the Prime Minister of Singapore and the President of Singapore.
In my humble opinion,
@MEXC_Official
is simply mocking me, demanding every possible document from me — either to blackmail me or so they can “accidentally” leak them into the public domain on the internet.
All this time, I have not received a single document from them that I have requested.

Sincerely yours,
John ConstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

My letters to the Prime Minister of Singapore and the President of Singapore were forwarded to the Singapore Police.
I received an automatic notification, but what I’m really interested in is when I will get a non-automatic response — an actual letter from an officer regarding my situation with
@MEXC_Official

I am already in contact with one police officer, but he is not interested in helping me. I will publish this here soon.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

This is madness.
@MEXC_Official
is demanding explanations for withdrawal attempts that happened more than a year ago.
On June 17, 2024, I needed to withdraw 50,000 USDT from the exchange. The withdrawal address was absolutely clean. This was not my trading profit — it was part of my deposit. The deposit was in ETH, and on spot trading I exchanged it for USDT.
I tried a couple of times, but each time the withdrawal was rejected. At that point, they requested a selfie of me holding my passport and a sheet of paper with my UID, the date, and maybe something else written on it.
Given that I had already been trading on MEXC for about a month and had completed the basic verification.

I found these requirements strange — having to go through such verification just to withdraw 50,000.
In the end, I exchanged ETH for USDT on another exchange without any problems.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

Today is the 254th day of my account being blocked on
@MEXC_Official

Today I received a letter from MEXC support:

"Dear MEXCer

Regarding the issue of risk control restrictions for your account, in accordance with the requirements of the risk control department, please cooperate in supplementing the following information:

1.Please provide passport documents and a photo holding the passport

2.Please provide employment details and income proof for the past 6 months

3.Please provide address proof (issued within 6 months): bank statements, salary slips, or utility bills

4.Explain the deposit source and provide supporting documents: Fiat/Spot trading records

5.Explain the purpose and destination of your MEXC withdrawal and provide supporting documents: Fiat/Spot trading records

6.Please provide tax filing records for the past 3 years"

Just look at the list of requirements!

And on top of that, I still have to explain why I am requesting the withdrawal of my own funds? "the purpose of withdrawal"

My own government asks me for fewer documents.
It feels like MEXC are mocking me.

Also written by Head of Customer Service at
@MEXC_Official
, Mr. Derrick:

"Good news - i have some updates for you.

As the investigations have been going on for an extended period, I have submitted an appeal to have your PRINCIPAL amount refunded to you upon completion of EDD.

Investigations will continue and hence we will continue to freeze the non principal amount, until the investigations are completed.

The EDD requirements have been sent to your registered email account. Please kindly review it and we look forward to your response at your earliest convenience.
I may not have the exact amount here, but its about 125,000 usd
So that the process can continue and the exact amount will be certain"

As I understand it, they are only going to return my last deposit, not all of my deposits.

So, for now, they plan to return just about 125,000 USDT. The exact amount will be known later…
That’s if I successfully pass the verification.

Derrick also ignored my question about when the investigation will end and when I will get all my money back.
See the screenshots.

When MEXC was crediting my deposits, they didn’t ask me for anything, but in order to get back even a part of my own funds, I now have to provide a pile of private and confidential information.
This is absurd.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

I have sent letters about my case with
@MEXC_Official
, as well as about how they block traders’ funds for 365 days and, in some cases, write off all the money from their accounts, to the Prime Minister of Singapore - Lawrence Wong, and the President of Singapore - Tharman Shanmugaratnam.
I am waiting for some kind of response from them.

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Mr. Derrick, Global Head of Customer Service at
@MEXC_Official
also invites me to personally undergo KYC in Hong Kong, he writes: "We have some updates, our management and compliance team is open to meet in Hong Kong."

However, the Hong Kong police replied to me as follows: "MEXC has neither been licensed by the Security and Futures Commission (SFC) in Hong Kong nor applied to the SFC for a licence to a licence to operate a virtual asset trading platform (VATP) in Hong Kong. We checked that you mentioned the HK registered company (Skey HK Blockchain Limited) which was dismissed on 17 January 2025."

How can we even discuss unblocking the account, further cooperation, and other matters if MEXC has no license in Hong Kong?

And where exactly are we supposed to do this — in some hotel, or perhaps in a car parking?

My
@MEXC_Official
UID 63218153

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka

@BlLife_Forum


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

GM
@BlLife_Forum


Money has no smell? Or is it just business and nothing personal?

Do you really not notice, or do you choose not to notice, what is happening to traders on
@MEXC_Official

Every day new traders are being blocked for 365 days. Traders are deprived not only of their money, but also of opportunities, health, and even their lives.

MEXC simply freezes accounts, and nothing can be done. They ignore official inquiries.
They ignore lawyers. They ignore the Singapore police.

Is MEXC your diamond sponsor? Is that exactly how much your reputation is worth?...

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@ag_dwf

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

The Hong Kong police responded:
"Your request which is about an international CRIMINAL intelligence exchange -
@MEXC_Official

In practice, you are advised to seek assistance in an official channel via INTERPOL."

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@TheWhiteWhaleHL

@BlLife_Forum

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka

My legal team from YTL LLP sent an official letter to
@MEXC_Official
containing the following questions:

1. The App is run by MEXC
2. Mr JohnConstantineX is a customer of MEXC with UID 63218153
3. Mr JohnConstantineX holds the account with the trading platform
4. The account is indeed frozen because of an alleged breach of risk control rules
5. Derrick is indeed an employee of MEXC and is a lawful representative of MEXC to liaise with Mr JohnConstantineX, and
6. It is MEXC`s normal practice to invite clients to Singapore to complete the KYC procedures personally.

They requested a reply by May 27.

In the end, MEXC did not respond by May 27, and the lawyers had to send an additional letter.

Then, on May 30, MEXC finally replied to the letter. However, the only clear statement they made was that I am a client of the MEXC platform and that my account is under risk control.

But why didn’t MEXC answer the other questions?
It was an official legal letter.

Do they not know what to reply?
Or perhaps they simply have nothing to say?

My
@MEXC_Official
UID 63218153

@cecilia_hsueh

@TheWhiteWhaleHL

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Also:
They block traders for 365 days without any specific reasons;
They withdraw money from a trader's account, leaving $0 and deleting the entire account history;
They use an army of unverified bots on Twitter to maintain the exchange's image;
They violate their own user agreements by requiring a personal visit to Singapore or elsewhere;
They have no legal license, no virtual asset license, and in many countries, Mexc is on the potentially fraudulent list;
And so on.
Quote:
Blockchain Life 2025
@BlLife_Forum
Sep 24
Meet @MEXC_Official – Diamond Sponsor of Blockchain Life 2025

Founded in 2018, MEXC exchange serves over 40 million users across 200+ countries.

✅ Trending Tokens
✅ Everyday Airdrops
✅ Low Fees
✅ Comprehensive Liquidity

Learn more: http://mexc.com

#MEXCEventRocks
Last edited

Instead of clarifying the situation regarding the account blocking, Global Head of Customer Service at
@MEXC_Official
, Mr. Derrick, first deleted the chat, and upon a repeated inquiry, blacklisted the trader.
This shows MEXC’s true attitude toward its traders! The main thing is that they blocked the money in the account, and they don’t care about anything else.

"Dear Mr., I contacted Derrick, mentioned him daily in the chat using his username to read my message, eventually he read and deleted my correspondence even though I wrote to him respectfully and have been using their platform for a long time and asked him to remove the risk control that resulted in the $100,000 being blocked. I traded Ethereum and Bitcoin on their platform; the fees for Ethereum were zero.UID 93900172

Yesterday I wrote a private message to Derrick asking for help removing the risk control, he read the message and blacklisted me"

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

How can Mexc participate in the Blockchain Life Forum?

If thousands of people have been affected by Mexc's actions. I alone have already gathered 220 people on my Telegram channel.
Rafael Satoshi gathered 1,554 people in a week.

The money has been illegally withheld for a year, and some traders have had their money debited from their Mexc accounts, and their history has been cleared.

Any comments on this?
Quote:
Blockchain Life 2025
@BlLife_Forum
Sep 23
⚡ CSO at @MEXC_Official, @cecilia_hsueh joins the 15th anniversary Blockchain Life in Dubai

15,000+ attendees from 130 countries | Oct 28-29

🌍 Join the largest edition in its history:
https://blockchain-life.com/?utm_source=speaker&utm_medium=referral&utm_campaign=mexc

My legals from YTL LLP reviewed the materials I provided to them regarding my case of account blocking at
@MEXC_Official
, and here is what they wrote to me:

"Risk of Fraud

Our preliminary research into MEXC raises significant concerns about potential fraudulent activity. We highlight the following suspicious elements for your consideration:

Regulatory Status: MEXC is headquartered in the Seychelles and explicitly states that its services are unavailable in several jurisdictions, including China and Singapore. The Hong Kong Securities and Futures Commission (SFC), responsible for regulating securities and futures markets in Hong Kong, has placed MEXC on its alert list as an unregulated entity. For more details, see: https://sfc.hk/en/alert-list/3016.

SFC Fraud Warning: The SFC has also issued a notice regarding suspected virtual asset-related fraud linked to “MEXC” (https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR21). The notice alleges that MEXC lured victims into social media or messaging groups under the guise of offering free investment advice, directed them to MEXC-operated websites, and encouraged deposits into designated bank accounts. Victims subsequently faced difficulties withdrawing funds—a pattern that appears consistent with your experience.

Inconsistent Operations: Your documents indicate that MEXC invited you to visit its office in Singapore for a Know Your Customer (KYC) process to unfreeze your account. However, as noted above, MEXC is not permitted to operate in Singapore, casting doubt on the legitimacy of this request. We would need to verify whether such an office exists.

Given these findings, there is a real risk that your situation may involve a scam or fraudulent activity. To assess this further, we would need additional details, such as the method and destination of your fund transfers to establish the account. Should fraud be confirmed, our recommended strategy would require adjustment accordingly, for example, by reporting the matter to the authorities."

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@TheWhiteWhaleHL

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

Traders demand to be treated with respect.
But Mexc act like scammers.
Quote:
enri.hl
@enri_dev
Sep 22
Replying to @MEXC_Listings
@JacobPPhillips ASK MEXC where is the money of hundreds of people with money frozen since january that cannot withdraw, ask them how to bring them to a court to discuss of their financial crimes.

One of the victims of the
@MEXC_Official
exchange, whose account with 160,000 dollars was blocked, informed me of the following:

- Some time ago, MEXC shut down its legal entity and replaced its founders and directors.
- MEXC lost lawsuits in the Netherlands and the USA.

Based on this information, an English auditing company concluded that MEXC will follow the fate of the FTX exchange.

Sincerely yours,
John ConstantineX — always a fair trader.

@TheWhiteWhaleHL

@BlLife_Forum

@beincrypto

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Today marks exactly 8 months since my account on
@MEXC_Official
, along with all my funds, has been blocked for a whole year.
Why is MEXC holding not only the profits from trading but also MY DEPOSIT? Those were MY MONEY, and AMLBot confirmed they are clean.
Why have they still not responded to the legal inquiries from my legal team, YTL LLP?
Why is the Singapore police ignoring my requests, given that MEXC is based in Singapore and that’s exactly where I was invited for “verification”?
Why is MEXC a participant of the Blockchain Life forum in Dubai on October 28–29, if they are unlawfully withholding traders’ funds — and in some cases wiping balances to zero and deleting histories?
So many questions, and no answers...

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@TheWhiteWhaleHL

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
0:03 / 0:34
Last edited

One of the subscribers of my Telegram channel dedicated to MEXC account blockings wrote to me that
@MEXC_Official
deducted all the money from his account — that’s 8,200 dollars — and deleted the entire account history.

And what is he supposed to do now?
Where is the court ruling on the confiscation of assets?
Of course, there isn’t one — this is simply theft on the part of MEXC.

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

I will donate one million dollars or more to organizations that rescue abandoned and homeless pets, once my account is unfrozen by
@MEXC_Official

The fact is, I still receive private messages on my Telegram from “assistants” with connections among current MEXC employees, offering to help unblock my account for at least one million dollars or more.
They say that I will have to give them this money as soon as my account with MEXC is unfrozen. But in the end, the amount I will have to pay them may increase.

Why should I take part in corruption? Why should I pay huge sums to MEXC employees and their associates, when this is my honestly earned money?!

I would rather give this money to those who truly need it — where it will save the lives of defenseless animals, where it will accomplish a good and meaningful cause.

If you are reading this, please repost it. The sooner my account is unfrozen, the sooner I can carry out this charitable act.
I will be sharing reports and photos in my X profile.

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@TracyMEXC

@TheWhiteWhaleHL

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

On March 12, 2025, without any reason, my account freeze on MEXC was extended from 180 days (they had sent me a letter on January 22, 2025, stating a 180-day freeze) to 365 days!

The most interesting part is what Global Head of Customer Service at
@MEXC_Official
, mr Derrick wrote:

"The date provided, is a date we hope that the case can be closed. However, it may depend on the pace of the investigations. "

As you can see from this message, it refers to a “secret investigation,” about which I know nothing, since MEXC provides no details or explanations. Yet, it is precisely this secret investigation that will determine everything — both the date when restrictions are lifted and, most importantly, the safety of my funds!

I do not understand: if MEXC believes that I somehow traded futures improperly, according to their opinion, then why are they also withholding MY deposits? That is my money, which I deposited from my own cryptocurrency wallets.
Is this not fraudulent behavior on the part of the exchange?

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Today, September 12 — my 237th day blocked by
@MEXC_Official

I provided MEXC with everything they asked for. All documents and verifications.
But in the end, they deceived me and are forcing me to risk my life for the sake of a possible unblocking of my account with MEXC. Why “possible”? Because MEXC representatives give no guarantees! Nor do they provide any details or specifics about the progress of the “investigation” into my account.

How can you still trade on MEXC? One day your account might be frozen without explanation, and you won’t know if you will ever get your money back.
And who will give you back your time? Who will give you back your peace of mind and your health?
These things cannot be measured in money.

And yet, in such circumstances, MEXC brazenly attends conferences and promotes their exchange. For what? To later freeze new users’ accounts and exploit their funds for their own interests?

So many questions…

My
@MEXC_Official
UID 63218153

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@BlLife_Forum

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
0:12 / 0:37

Corruption schemes at MEXC.

Traders with blocked accounts are offered “help” with unlocking and withdrawing funds for a fee of 10–20–30%.

The middleman, or so-called “assistant,” contacts
@MEXC_Official
employees and arranges with them, for a monetary reward, to resolve the issue in favor of the blocked trader.

When my account was frozen on January 19, 2025, just three days later, on January 22, MEXC support informed me that the lock would last 180 days. To me, this already looked like fraud, because previous account freezes by MEXC for traders usually lasted 30 days. That’s exactly the information I found on Google and on review platforms about MEXC.

A fellow trader who works on Bybit and BingX put me in touch with a former MEXC manager. That person immediately told me that MEXC simply wanted to take all of my money. That MEXC would extend the freeze and come up with different reasons for it.
He was right — that’s exactly what happened!

He also introduced me to an “assistant” with connections among current MEXC employees. This assistant really had been helping other traders lift freezes, usually charging 10% or more.

I was even threatened that my freeze could be extended indefinitely, that my balance could be wiped by MEXC, and that if I flew to Singapore, I would not be able to return — anything could happen!

I agreed to work with the assistant, but on my condition: no advance payment.

In the end, the assistant failed, because the funds on my balance were too large.
As it turned out, he had successfully helped traders with balances of up to $100,000.
This is just one assistant. In fact, there are many. And each of them cooperates with their own manager, heads, or some other staff member at MEXC.

In my Telegram community for traders blocked by MEXC, some of the members turn to such assistants and then pay them 10–20–30%, just to put an end to this nightmare. They are ready to recover at least part of their money and quickly escape from MEXC — to forget this story like a bad dream.

@beincrypto

@BlLife_Forum

@TheWhiteWhaleHL

@ag_dwf

@itsMoonOwl

@MastrXYZ

@vice_trader

@leefaul

@enri_dev

@LaoZiJiaoWuXian

@pabloruizoka


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
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Hey,
@BlLife_Forum


Please be cautious about cooperating with
@MEXC_Official

!Reputation is worth more than sponsorship money!

I will repeat once again that MEXC is a deceitful corporation with no legal license and no virtual asset licenses.

MEXC requires its VIP traders to make a personal visit to Singapore, Hong Kong, or Malaysia.
This is a dangerous requirement for life and health. No one can guarantee our safety during such a trip, nor that our accounts on MEXC will eventually be unlocked.
I am the creator of a Telegram channel, which currently has 215 people whose accounts are frozen for 365 days.
There is a person whose account has been blocked since 2023.
There is a person whose account was wiped to zero and the entire history erased.

Get acquainted with the story of the top trader
@TheWhiteWhaleHL
.
His exclusive interview was published by
@beincrypto

In my case, MEXC has been unlawfully withholding my money since January 19. MEXC received all my documents, even very personal ones, then deceived me and demanded a personal visit to Singapore, even though they know that due to my health condition I cannot fly there.
MEXC refuses any alternative options!

The Hong Kong police respond that this is a criminal case and should be referred to Interpol.
The Singapore police say that MEXC has closed its office and that they are on the list of dangerous organizations for traders.

Mr Andrei Grachev, please pay your attention too
@ag_dwf

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

After I resolve my issue with the dishonest trading platform
@MEXC_Official
, I will be sharing on my X profile my vision of the cryptocurrency market, which trades I open, and which positions I hold.
I hope you will find it interesting.

Sincerely yours,
John ConstantineX — always a fair trader.

@beincrypto

@BlLife_Forum

@MEXC_Official

@TheWhiteWhaleHL

@ag_dwf


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Today is September 6th – my 231st day of being blocked on MEXC.

Originally, the block was set for 180 days, which means my
@MEXC_Official
account should have been unblocked on July 22nd. That didn’t happen.

On March 11th, the restriction was suddenly extended to a full year (365 days) — with no explanation whatsoever.

Support says that a one-year block is only applied for very serious violations.
A serious violation — is it trading profitably ?

MEXC is the strangest and most unreliable exchange — it has no place in the crypto industry.

My
@MEXC_Official
UID 63218153

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL

@ag_dwf


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
0:02 / 0:37

I would like to bring this to your attention.

At the moment, I am speaking on Telegram with someone whose
@MEXC_Official
account has been blocked since 2023!

Earlier, I spoke with another trader whose balance was completely wiped out a few months after the block — his account showed zero. He told me that his trade history and deposit records were also erased.

And yet, after incidents like these, MEXC is still able to attend major blockchain and cryptocurrency conferences and use them for promotion?

How can funds be taken from an account without any legal process or investigation?

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL

@ag_dwf


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

Since
@MEXC_Official
has been persistently inviting me to Singapore to resolve my situation, I contacted MAS (Monetary Authority of Singapore ) and provided them with all the necessary information regarding my case.

I received a response: "MEXC is not licensed by the Monetary Authority of Singapore (MAS) to provide financial services in Singapore.
You may wish to know that MEXC is listed on the Investor Alert List (IAL), available on the MAS website."

How can MEXC even handle such matters related to asset withholding and asset unblocking in Singapore if they do not have a license?

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Why do you need
@MEXC_Official
at your forum?

Do you know that they block accounts for 365 days and demand a personal meeting, otherwise the account will not be unblocked?

I personally know people whose funds were completely taken by MEXC, and I also know more than 200 people who had their accounts blocked for a year, even though some of them traded only on spot.

Do you value your reputation?
@BlLife_Forum
Quote:
Blockchain Life 2025
@BlLife_Forum
Sep 3
55 days to go 🚀 x.com/CoinMarketCap/…

If in MEXC’s official Telegram chat you try to find out the reasons for your account being blocked and say something like, “I did not violate the trading rules. The only possible reason in my opinion is that I was blocked for trading profitably, for having a positive PnL,”
then the channel admins will reply, “A positive PnL is not a reason for blocking,” “365-day blocks are only imposed for very serious violations and are rare,” — and then they will simply ban you from the channel. That is the kind of “help” they provide to their traders.

Everything at
@MEXC_Official
is built on lies.

As a result, the trader is left with a blocked account, no access to trader`s funds, banned from the official channel for simply trying to find the truth, and receiving only template responses from customer support.

MEXC is an empire of lies.

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Do not trust MEXC’s thread on Reddit.

@MEXC_Official
deletes posts that are not favorable to them.
I had an old Reddit account with high karma, and I opened threads in MEXC’s official subreddit.

MEXC moderators deleted my posts several times, even though I created them correctly and provided all the evidence.

As a result, my account was permanently banned on Reddit. I submitted multiple appeals, but they were never even reviewed.

MEXC creates the illusion of being a respectable platform that can be trusted, but this is not true. Do not trust MEXC. You could be the next trader to have your account blocked, and it is uncertain whether you will ever be able to recover your money afterwards.

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

I sent a letter to the FSA regarding my situation with
@MEXC_Official
, and I received a disappointing response:

MEXC Global Limited, was struck off the Register of International Business Companies on 18th December 2024

Moreover, MEXC Global Limited does not hold, and has never been issued with, any licence or authorization by the Authority to conduct activities relating to virtual assets (VA) or as a virtual asset service provider (VASP) and no application for licensing under the Virtual Asset Service Providers Act, 2024, was received from the said entity. The company was one which had been incorporated under the International Business Companies Act, 2016 only.

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Since
@MEXC_Official
is a Singapore-based exchange, it has or used to have an office in Singapore.
I was also invited more than 10 times specifically to Singapore to undergo the final stage of verification.

On September 1, I will write a formal letter to the Prime Minister of Singapore and the President of Singapore.

I have already warned the Singapore police about this. They are aware of my intentions.

Why are the people behind the MEXC exchange allowed to behave in such a way — deceiving their traders and unlawfully withholding their funds?

@beincrypto

@BlLife_Forum

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

The alternative method to resolve my problem was providing statements from my bank accounts.
@MEXC_Official
demanded this from me, and I provided it to them.

Therefore, I believe that I completed the verification, and my account should have been unblocked.
It turned out that MEXC simply collected more of my private information under the pretext that this would help resolve my problem.

My
@MEXC_Official
UID 63218153

@beincrypto

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

The first time
@MEXC_Official
invited me to complete the verification process in Singapore was on January 25, 2025.

Please take a look at the screenshot.

The Global Head of Customer Service at MEXC told me that this was not the only method to resolve the issue — that there were alternatives.
However, very soon it turned into an ultimatum from MEXC:
only a personal visit to their office.

In their user agreement, there is nothing about such requirements as a personal visit to an office in another country to complete the verification process.

Do you think such requirements imposed on traders by cryptocurrency traders platform are legal or not?

My
@MEXC_Official
UID 63218153

@beincrypto

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
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About 10 days before New Year’s Eve,
so I decided to go all in.
To deposit my last “free” 100,000 USDT on
@MEXC_Official
.
I made the deposit in ETH from my personal crypto wallet, equivalent to 100,000 USD, and started opening a limited number of trades.

Yes, I changed my strategy: open fewer orders, initially set stop losses and then move them to breakeven, monitor the Asian session (some of my liquidations had happened at night while I was asleep). The only thing I kept unchanged was using maximum leverage.

I began opening positions carefully. The market had just dumped heavily, so the price looked attractive, tempting. People were buying the dip, and everything started going up again.
With my 100,000, I opened just 2 trades — my favorites: PEPE and DOGE, with 200x leverage.

My deposit started to grow. Then I decided to open a 3rd trade.
The deposit kept growing, and I was able to open a 4th and further positions.

If I had a long open and saw the market rising at that moment, I added more positions to boost my PNL.
Or, on the contrary, if the market was falling, I added more to average down and lower my entry point.

When my deposit became “decent” (in my opinion), I could use the maximum allowable amount for purchases.

For example,
If on ALGO I was allowed to open a long or short for around 2,700 USDT, I did it.

But on December 30 I had to close almost everything during a sharp dump, as my balance dropped from 400,000 to 100,000. And I started again — opening new longs and tightening my stop losses.

Just a few hours before New Year’s Eve, my positions dipped again, but I was closely monitoring the situation.
I managed not to lose the deposit.

2025!

With the arrival of January, my open positions were giving only profit. Then I timely noticed the trend shift towards short orders, and thanks to that I managed to recover all the losses from 2024.

My balance allowed me to keep around 20–25 open positions, all with maximum leverage. That’s how I traded until January 19.

On the morning of January 19, I wanted to open a long position on the official TRUMP token.
However, I received a notification: “Opening positions is prohibited. Please contact support.”

I passed advanced KYC and submitted a utility bill.
As a VIP, I was promised it would be “faster” — not 48 hours, but 24.
In the end, the review took about 3.5 days, and I was given the verdict:

Risk Control — 180 days.

I started searching on Google for similar cases.
At that time (January 22) I couldn’t find any similar examples. In most cases, accounts were frozen for 30 days. Rarely, for 60 days.

Thus, the unblocking of my MEXC account was supposed to take place on July 22, 2025.
As you have already understood, my account still has not been unblocked…

My
@MEXC_Official
UID 63218153

@beincrypto

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL


#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen

Last edited

“Power is in the truth; whoever has the truth is the strongest.” (c)
I want everyone to know what
@MEXC_Official
has done to my life!

Since January 19 2025,
@MEXC_Official
has blocked my account with more than 9 million dollars on it. (available assets + unrealized PnL)
I was their NOIR VIP and believed that after providing a utility bill and passing advanced KYC, my account would be unblocked.

But instead, first came a 180-day freeze. Then
@MEXC_Official
deceived me, pressured me into handing over private documents and personal information, and finally issued me an ultimatum — a personal visit to Singapore for verification.

I repeatedly explained that due to my health condition, I cannot fly to Singapore — it is life-threatening for me — but
@MEXC_Official
doesn’t care. They demand a personal visit, otherwise my funds will not be released. The freeze was extended for one year. These deadlines are only formalities; they will keep my funds frozen until I personally travel for verification.

I really fear for my life. All these months I have been living in fear, my health has deteriorated. There is medical evidence of this, but
@MEXC_Official
ignores it, demanding my personal visit again and again.

There is no transparency, no evidence that I violated their rules. No detales and no proofs.
I traded futures honestly.
I swear I did not use any schemes, software, and this is my only account in my name.

I have spent a lot of money on lawyers, but
@MEXC_Official
does not respond to legal requests. Just ignoring them.

On July 1st,
@MEXC_Official
employees accidentally let it slip that I was blocked for being “too profitable.” According to them, all my trades were winning ones. But that is simply not true. I still hold five open trades that are currently showing a combined loss of more than $1 million. Moreover, one employee openly admitted that MEXC’s bosses had already decided not to return my money no matter what I do.
Can you even imagine that?

I am calling for public exposure, because everyone trading on
@MEXC_Official
is in great danger.
You could be the next one to be blocked!

I have all the evidence, all the correspondence, all the responses from
@MEXC_Official
representatives and their support team.
I will be publishing it on my X account.

My
@MEXC_Official
UID 63218153

@beincrypto

@MEXC_Official

@TracyMEXC

@TheWhiteWhaleHL

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

Today I want to tell you how I began on
@MEXC_Official
— my journey filled with hopes, pain, liquidations, and lost funds.

I registered
@MEXC_Official
on May 23, 2024.
The very first thing I did was pass the basic KYC.
My first deposit was 30,000 USDT. Following my friend’s advice, I opened long positions on PEPE and DOGE with 50x leverage.
I was thrilled watching the balance grow.
Then I decided to open five more long positions, which later turned out to be my biggest mistake.

A few days later, on May 30, my open positions were liquidated, even though I had added additional deposits trying to avoid liquidation.
I wanted to make up for the losses. My friend reassured me that the market was bullish and that I could easily recover everything with long orders and come out ahead.
So I deposited again. But the same scenario repeated — profit burned along with the deposit. Another liquidation came on June 11.

The next liquidation happened on July 4.

By August 3, my positions were almost closed at take profit — when suddenly, during the Asian session, a massive dump happened. Nearly 300,000 USDT turned into zero within hours. Liquidation.

For some reason, I decided the market would start recovering quickly and that I had to “buy the dip.” I rushed to make new deposits and open more trades — but ended up with several liquidations in a row…

I took a break. My strategy was unprofitable for me, and the market was too volatile.
Experts and analysts promised growth by winter. Loud headlines like “Bitcoin to $100,000” were everywhere.

In November, a real bull run happened on expectations of Trump’s victory. I decided it was time to trade again and recover all the deposits I had lost earlier.

I deposited 20,000, and the next day added another 10,000. Everything went well for quite a while. The 30,000 deposit grew into more than 900,000. Once again, I was very close to closing my positions at take profit.
But then all my positions were liquidated. The dump on December 19 was too strong, and I had too many open trades. My balance wasn’t enough because I was trading cross-margin with maximum leverage.

I made yet another deposit, opened positions at what seemed like good prices, and started to recover the losses — but got liquidated again. It was only a rebound; the dump wasn’t over yet. The bottom hadn’t been reached. I rushed in too early…
During this entire period (May 23 – December 20) I was only making deposits — I never even got to the point of requesting a withdrawal.

In short, I reached the point of no return, if you can call it that.

Too much effort, time, and money had been poured into this exchange, MEXC.
In total, a little under 1 million USDT was deposited — calculated against BTC, ETH, and BNB rates on December 20 (~950,000 USDT).

And yet, when I was losing money on futures trades and facing liquidation after liquidation, MEXC never blocked my account. According to their own risk control system, there were no anomalies whatsoever.

My
@MEXC_Official
UID 63218153

#MEXCFreeze #MEXCRiskControl #MEXCUserFundsFrozen
Last edited

MEXC blocks accounts with large balances worldwide.
Quote:
Pablo Ruiz
@pabloruizoka
Jul 13
On April 17, 2025, @MEXC_Official froze my account due to a vague “risk control” protocol, without prior notice, explanation, or any opportunity to cooperate. Since then, nearly 3 months have passed, and my funds — totaling $2,082,614 USDT — remain fully inaccessible.
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I`m here to tell the truth, to tell my story...