Венчурный Инвестор
Joined October 2020
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MEXC’s “resolution” after canceling $5,000+ in profitable pre-market trades
Update on my case with MEXC pre-market.
After canceling profitable positions worth ~$5,000, MEXC finally responded.
Their conclusion:
• Orders were “terminated due to risk control”
• Decisions are final and irreversible
• Any unrealized or expected profit is gone
And now the best part.
As a “gesture of goodwill”,
MEXC offered me a $10 USDT bonus - usable only on futures trading.
$5,000 taken.
$10 offered.
Serious exchange behavior 🤡
Let that sink in.
For canceling already profitable positions,
freezing liquidity for months,
and removing real PnL - the compensation is $10.
MEXC also claims this is due to “risk control”.
But here’s the problem.
There is no other exchange where:
• Already executed / profitable orders
• Can be unilaterally canceled
• After the fact
• With profit fully removed
This exists only on MEXC.
Even more interesting coincidence.
From my experience - and from people I personally know -only profitable positions get canceled.
Losing positions?
They stay open.
No “risk control”.
No rollbacks.
No sudden concern.
Profitable positions?
Suddenly:
• “risk triggered”
• “counterparty risk”
• “account risk”
Amazing consistency.
This creates a completely asymmetric system:
• Losses: always yours
• Profits: optional, at MEXC’s discretion
If this is truly “risk control”,
why does it activate only in profit
and never in loss?
At this point, MEXC is not explaining the risk.
They are just using it as a universal excuse.
To summarize:
• ~$5,000 in profitable PnL removed
• No reinstatement
• No compensation
• $10 bonus offered instead
This is disrespect.
@MEXC_Official @cecilia_hsueh
If you traded pre-market on MEXC and saw
profitable orders disappear - you’re not alone.
Speak up.
Because the longer this stays silent,
the easier it is to pretend it’s “just risk control”.
How Gate Exchange lost a ton of money (NDA)
Anyway, on the 28th, Gate released an announcement stating that dividends would be paid for STRC/BEN/SYK/MPWR shares.
afosuka retweeted
looks like @ponsdotfamily & @TheIndexFi want to win together
Even after Bascket underwent a code audit, there’s been no word from @TheIndexFi regarding its launch,
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I suspect Bascket might be integrated with @ponsdotfamily
This is great news for both @ponsdotfamily and @TheIndexFi
$index
@StandartXBT @votesa
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Show more
afosuka retweeted
MEXC FROZE MY MY $300,000 AND I NEED IT BACK
Just found names & contact details of @MEXC_Official top executives
Still trying to find details about its beneficial owner (TT)
I’ll file a legal complaint against them
Comment and repost if you are ever hurt by MEXC
I am fighting for you all
I WILL NOT STOP 🛑
cc @cecilia_hsueh
afosuka retweeted
MEXC HAS FROZEN MY $300,000 AND DEMANDED 40% TO RELEASE IT
MEXC locked my account holding approx. $300,000. I fully complied with their verification process and submitted every document they requested.
Days later, their support lead contacted me directly on my registered phone number and demanded 40% of my funds in exchange for unfreezing my account.
This is unacceptable.
I have filed complaints, yet my account remains frozen and my funds are still being withheld.
WhiteWhale exposed serious issues with MEXC months ago, but not enough people paid attention. How many more users need to be affected before this is taken seriously?
I am calling on everyone:
Repost this.
Share your experiences.
Delete the MEXC app.
Drop screenshots below.
Let MEXC and its CEO “TT” know that the community will not stay silent while users are being mistreated.
We will not allow this to continue.
Readers added context they thought people might want to know
They stole my screenshot to make a fud post about mexc based on lies as you can see I posted this screenshot first
x.com/cepegrs/status…
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afosuka retweeted
MEXC’s “resolution” after canceling $5,000+ in profitable pre-market trades
Update on my case with MEXC pre-market.
After canceling profitable positions worth ~$5,000, MEXC finally responded.
Their conclusion:
• Orders were “terminated due to risk control”
• Decisions are final and irreversible
• Any unrealized or expected profit is gone
And now the best part.
As a “gesture of goodwill”,
MEXC offered me a $10 USDT bonus - usable only on futures trading.
$5,000 taken.
$10 offered.
Serious exchange behavior 🤡
Let that sink in.
For canceling already profitable positions,
freezing liquidity for months,
and removing real PnL - the compensation is $10.
MEXC also claims this is due to “risk control”.
But here’s the problem.
There is no other exchange where:
• Already executed / profitable orders
• Can be unilaterally canceled
• After the fact
• With profit fully removed
This exists only on MEXC.
Even more interesting coincidence.
From my experience - and from people I personally know -only profitable positions get canceled.
Losing positions?
They stay open.
No “risk control”.
No rollbacks.
No sudden concern.
Profitable positions?
Suddenly:
• “risk triggered”
• “counterparty risk”
• “account risk”
Amazing consistency.
This creates a completely asymmetric system:
• Losses: always yours
• Profits: optional, at MEXC’s discretion
If this is truly “risk control”,
why does it activate only in profit
and never in loss?
At this point, MEXC is not explaining the risk.
They are just using it as a universal excuse.
To summarize:
• ~$5,000 in profitable PnL removed
• No reinstatement
• No compensation
• $10 bonus offered instead
This is disrespect.
@MEXC_Official @cecilia_hsueh
If you traded pre-market on MEXC and saw
profitable orders disappear - you’re not alone.
Speak up.
Because the longer this stays silent,
the easier it is to pretend it’s “just risk control”.