MEXC Trader Files Dispute, Freezing $3.1M; Industry Awaits Resolution

A crypto trader has publicly disputed MEXC’s freezing of $3.1 million in funds, sparking a debate within the industry. The trader alleges they were directed to travel to Malaysia to resolve the matter, a request that was refused. This incident raises concerns about the security of user funds and exchange practices. So far, there are no reports of market-wide impact or regulatory responses. )