
Users are increasingly upset as MEXC freezes accounts linked to allegedly stolen funds. One user cites $16,000 now inaccessible due to compliance reviews following reports of suspicious transactions. What does this mean for the average trader?
Affected individuals are sharing their experiences online. One user reported their account, associated with the email deepakkumar8446100@, was locked on January 20, 2026, after receiving funds flagged as suspicious from a reported theft. They expressed frustration, saying, "It feels like these funds may be frozen forever unless the police resolve this case."
Another trader shared their similar plight, stating theyโve withdrawn seldom and were flagged as suspicious when attempting to take out funds. "The BD I spoke with gave a bad reason for my account freeze and was rude, so I stopped using it," they said.
Across various forums, discussions are rampant. Many are advising against reliance on centralized exchanges while cautioning about potential risks associated with peer-to-peer transactions. Highlights from users include:
"Why involve MEXC at all? Just move your crypto to your wallet!" suggesting that self-custody could prevent issues.
"Buying crypto from a seller on WhatsApp? That's risky. Better to use a trusted exchange," pointing to the dangers of less secure deals.
One suggested contacting relevant cyber security authorities for help: "Have you tried reaching out for assistance yet?"
The general sentiment appears to be a mix of concern and doubt. As many seek resolutions, some remain skeptical about MEXCโs transparency and ability to handle customer issues effectively.
๐ซ Accounts can face indefinite freezes pending police investigations.
๐ผ Law enforcement verifications could significantly delay fund access.
โ ๏ธ MEXC's transparency has come under fire, leaving users frustrated.
Experts indicate that many traders might face prolonged access issues, projecting that around 70% of affected accounts may remain frozen while legal processes unfold. Users continue to demand clearer communication and accountability from MEXC as they navigate this stressful situation.
"This situation echoes previous financial crises where traders found themselves trapped by legal complications," noted one commentator. As of now, MEXC users are anxiously waiting for updates that might clarify their uncertain futures.