MEXC Sees Massive Exchange Withdrawals After User Funds Freeze Incident – Details

Cryptocurrency exchange MEXC saw increased activity on its platform on Friday, October 31st, with several users seemingly moving their assets away. These massive withdrawals coincided with the exchange’s chief strategy officer’s public apology for mishandling a situation with a user with the pseudonym The White Whale. Earlier in July, The White Whale claimed that MEXC […]

FTX Issues Warning As Fraudulent Emails Circulate During $1.6B Creditor Payout

Management of bankrupt crypto exchange FTX has issued a warning that creditors should beware of phishing campaigns. Notably, this statement comes after the FTX Recovery Trust commenced its third settlements distribution following the exchange’s shocking collapse in November 2022. Related Reading: Bored Ape NFTs Win Big: Court Says They’re Not Securities Bad Actors Target FTX […]