Crypto Trader Launches $2 Million Campaign to Reclaim Frozen Funds from MEXC

A cryptocurrency trader known as ‘White Whale’ is launching a social media campaign, aiming to pressure MEXC exchange for the release of over $3 million in frozen funds. The trader alleges the exchange froze his account without explanation or clear violations of their terms of service and believes it was retaliatory due to his consistent outperformance compared to MEXC’s market makers. He asserts the funds were earned through legitimate trading activity and criticizes the lengthy review process he’s being subjected to, which according to him could take up to a year with no updates or communication from MEXC. 78.5% of token launches between April and June 2024 disrupted fair price discovery for traders and 69.9% were deemed