Replying to Avatar Ultimate Satoshi

⚠ Yet more proof that CEXs don't always play fair.

This isn't my story, but that of a trader whose funds—more than $3 million—were arbitrarily frozen by MEXC. I'm sharing his testimony so that everyone can understand the seriousness of the situation. If you can help him get justice, please don't hesitate.

I Need Your Help - And I'm Putting a $2M Bounty Up For Grabs (half can be claimed by YOU)

Let me start by saying - "I know, I was dumb" (more on that in the FAQs, but no need to comment how dumb I was - I just beat you to it)

In July 2025, @MEXC_Official froze over $3 million of my funds. $3,158,572.32 to be precise.

No warning. No explanation. No Terms of Service violation - because there was none.

That money came from my hard-earned savings, and every dollar I earned on the platform came from clean, legitimate, skill-based trading. My only conceivable offense? I was too profitable. (in the long list of public replies to other traders who experienced the same thing I was able to find ONE instance where they accidentally admitted this as a potential cause).

I consistently beat their external market makers - the firms they quietly partner with to be the counter-party to trades (this is public record).

When the counter-party they need in order to stay in business consistently looses? Who's side do you think they will pick?

So what did MEXC do?

They retaliated.

They froze my account.

And now, they’ve told me the “review process” will take up to one full year.

Let that sink in:

No specific allegation

No evidence of wrongdoing

Just a vague “review” that conveniently lets them hold my money hostage indefinitely

What kind of review takes 12 months - without a single update, document, or charge?

You see I had already been through their most advanced KYC process possible and passed with flying colors.

But this is bigger than me. It’s about every trader who’s ever been punished for winning, punished for exposing CEX dirty little secrets, or robbed by a centralized exchange hiding behind offshore protections in jurisdictions with limited legal recourse.

We are not your exit liquidity. We are not your prey. We are the tide. And the tide is turning.

#FreeTheWhiteWhale

#MEXCFreeze

Source : https://x.com/TheWhiteWhaleHL/status/1959650308319047902

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