MEXC Returns $3 Million to Influencer, Amidst Community Backlash

Following community pressure and an influencer’s campaign, MEXC has returned $3 million to cryptocurrency influencer The White Whale, who had been locked out of his funds. This move follows the exchange acknowledging a mistake in their operational practices and offering an apology for the incident. Key points include the return of funds earmarked for supporting supporters and nonprofits, market volatility with the MX token dropping 3.5%, and calls for greater transparency from centralized exchanges.