Cryptocurrency change MEXC has launched an official assertion addressing on-line rumors questioning its monetary well being. The corporate categorically denied the claims as “false and deceptive” and reassured customers that each one buyer property are absolutely backed.
📢 Clarifying rumors relating to MEXC’s monetary state of affairs
Unconfirmed rumors relating to MEXC’s monetary state of affairs have been circulating in latest on-line discussions. We want to state unequivocally that these claims are false and deceptive.
MEXC continues to keep up a wholesome monetary place. All… pic.twitter.com/o5M35x7Qos
— MEXC (@MEXC_Official) November 1, 2025
Trade dismisses solvency issues
In a press release, MEXC clarified that latest social media conversations suggesting monetary issues don’t have any factual foundation. “Mexico continues to keep up its monetary well being,” the corporate stated. It added that it confirms that each one main property are a minimum of 100% backed by proof-of-reserve (PoR) knowledge. The change additionally introduced plans to replace its Merkle Tree knowledge later tonight. This enables customers to view their reserves individually.
MEXC stated this transparency measure is in keeping with its long-term dedication. To take care of belief and cling to trade finest practices. MEXC posted the complete assertion on its official web site. The corporate additionally reaffirmed that it’ll preserve customers’ funds protected and that customers can publicly cross-check all knowledge sources.
Breakaway actions elevate questions
This clarification got here following a week-long withdrawal of data from MEXC. This led to hypothesis concerning the platform’s solvency. Withdrawal exercise on the change surged earlier this yr to its highest stage since 2018, in keeping with knowledge shared by Whale Insider.
Bitcoin: Trade withdrawal buying and selling chart shared by @WhaleInsider
A chart evaluating Bitcoin value fluctuations and MEXC withdrawal quantity is proven. Giant capital outflows usually happen during times of elevated market exercise. Particularly when costs attain new highs. Analysts have recommended that such spikes might not essentially point out panic. Nonetheless, this might mirror merchants transferring funds into private wallets for security or profit-taking causes. Nonetheless, the timing of the withdrawal precipitated some customers to voice their issues on-line. Customers unfold unconfirmed rumors that MEXC’s reserves could also be tight.
MEXC values transparency
MEXC leaders emphasised that the corporate has persistently prioritized transparency and accountability since its founding. The change maintains a multi-source reserve validation framework. Show the backing of your property utilizing a mix of on-chain knowledge and third-party audits. It’s a cryptographic instrument that enables anybody to match their holdings to their complete reserves by updating the Merkle Tree proof system. MEXC goals to present customers full confidence in monetary stability. “The data is public and verifiable,” the change stated.
Business background and market response
The cryptocurrency trade has grow to be more and more delicate to solvency issues. Following the failure of a number of main exchanges lately. In consequence, the Proof of Reserves report has grow to be a key belief metric for customers on the lookout for peace of thoughts. About the place they maintain their property. Now, MEXC’s clear response and reserve ratio of over 100% look like aimed toward calming buyers’ nerves. It stays to be seen whether or not it is sufficient to absolutely restore consumer belief. However the change insists it has nothing to cover and every part to show.
