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 every one buyer belongings are totally 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 current 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
Alternate dismisses solvency issues
In a press release, MEXC clarified that current social media conversations suggesting monetary issues haven’t any factual foundation. “Mexico continues to keep up its monetary well being,” the corporate mentioned. It added that it confirms that every one main belongings are at the very least 100% backed by proof-of-reserve (PoR) information. The change additionally introduced plans to replace its Merkle Tree information later tonight. This enables customers to view their reserves individually.
MEXC mentioned this transparency measure is in step with its long-term dedication. To take care of belief and cling to trade greatest practices. MEXC posted the complete assertion on its official web site. The corporate additionally reaffirmed that it’s going to hold customers’ funds protected and that customers can publicly cross-check all information sources.
Breakaway actions increase questions
This clarification got here following a week-long withdrawal of information from MEXC. This led to hypothesis in regards to the platform’s solvency. Withdrawal exercise on the change surged earlier this yr to its highest degree since 2018, in response to information shared by Whale Insider.
Bitcoin: Alternate withdrawal buying and selling chart shared by @WhaleInsider
A chart evaluating Bitcoin worth fluctuations and MEXC withdrawal quantity is proven. Giant-scale capital outflows usually happen during times of elevated market exercise. Particularly when costs attain new highs. Analysts have instructed that such spikes could not essentially point out panic. Nevertheless, this might mirror merchants transferring funds into private wallets for security or profit-taking causes. Nonetheless, the timing of the withdrawal brought on 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 belongings utilizing a mixture of on-chain information and third-party audits. It’s a cryptographic device that enables anybody to match their holdings to their whole reserves by updating the Merkle Tree proof system. MEXC goals to provide customers full confidence in monetary stability. “The knowledge is public and verifiable,” the change mentioned.
Business background and market response
The cryptocurrency trade has turn into more and more delicate to solvency issues. Following the failure of a number of main exchanges lately. Consequently, the Proof of Reserves report has turn into a key belief metric for customers searching for peace of thoughts. About the place they maintain their belongings. Now, MEXC’s clear response and reserve ratio of over 100% look like aimed toward calming traders’ nerves. It stays to be seen whether or not it is sufficient to totally restore consumer belief. However the change insists it has nothing to cover and all the things to show.
