The cryptocurrency exchange MEXC has been under scrutiny after freezing an account belonging to The White Whale, who alleges it was a mistake. Despite discussions with MEXC’s Chief Strategy Officer, Cecilia Hsueh, the account remains frozen, raising concerns about centralized exchange practices.
In response, users are increasingly advocating for decentralized exchanges (DEXs) as safer trading options, highlighting frustrations with centralized platforms. MEXC’s positive asset inflows indicate its resilience, yet ongoing issues may influence future user trust.
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