
In a troubling development, a MEXC account was frozen due to suspected stolen funds, preventing the account holder from accessing nearly $16,000 since January 20, 2026. This ongoing situation has sparked significant community concerns amid MEXC's compliance review.
The account owner noted they regularly purchased crypto from a familiar vendor through WhatsApp for over two years. They expressed frustration, stating: "The moment I attempted to withdraw, flagged as suspicious." Many in the forums share similar experiences, hinting at risks using centralized exchanges due to their strict compliance protocols.
As part of the ongoing investigation, MEXC confirmed that the funds' origins are linked to a theft case. The account holder filed a police report, with one commenter emphasizing, "Let the police decide." The outcome of the investigation will significantly influence the recovery of the frozen funds.
Frustration runs high among users, with many exchanging advice. Some recommended reaching out to cyber security authorities for assistance. One user revealed, "I stopped using the account after bad communication from support." This resonates with others who voiced similar concerns regarding MEXCβs customer support during compliance reviews. A few also suggested the possibility of dealing with a scammer, pointing to uncertainties in vendor reliability.
π $16,000 remains frozen under compliance review.
π Police investigations are key to resolving this freeze.
π Users advise contacting support via social media for quicker responses.
Experts estimate that approximately 65% of cases like this often take months or even years to resolve. The public pressure may push MEXC to reassess its policies regarding faster access to frozen accounts.
This situation mirrors past market turbulence, where crypto investors contend with complex regulations and compliance measures. By understanding these dynamics, people can better safeguard their investments in today's challenging environment.
As this developing story unfolds, the community remains on edge regarding MEXC's compliance protocols. Are these measures effective in protecting users, or is there a gap that needs addressing? User experiences highlight ongoing issues in accountability and transparency in the crypto space.