For individuals who really like and understand and are passionate about blockchain, crypto, remaining “stolen”, “selling off” tokens on exchanges is unacceptable. Because, this will basically be brief promoting, triggering the selling price to drop pretty lower and then acquiring back in bulk. Many individuals are also very upset that this is also the motive why tokens are unable to be “upgraded”.
Recently, the information and facts that MEXC is stealing tokens of Vietnamese tasks is acquiring a good deal of focus. The tokens that are stolen by this exchange include things like: ANTEX, THETAN, ELMON. It is identified that MEXC will use the wallet to release the tokens listed on the exchange, then all the tokens will be transferred to an additional “hot” wallet. After transferring tokens, all these tokens are right away swapped onto pancakes to get USDT and BNB.
As found by netizens, for the ANTEX token, MEXC has executed almost one thousand promote orders, with a complete of 1712 transactions, one purchase is moved in and one purchase is offered out. Just transfer the token in and right away promote that token, this comes about typically and there are transactions nearly each and every day. Netizens also captured the transaction display of MEXC with the theft of ANTEX tokens.
This story is puzzling numerous tasks as properly as traders. Whether or not MEXC sells and steals tokens of Vietnamese tasks to decrease rates.
On January 18, MEXC issued a correction statement relating to ELMON. According to MEXC’s share, there are numerous false statements as properly as malicious provocations about this floor. And the MEXC side also investigated the motive why the ELMON token dropped in selling price.
“According to on-chain information investigation and verification, the lower in the selling price of ELMON tokens is due to the deposit and sale of significant worth holders as properly as the withdrawal of some significant consumers to external platforms. for sale. MEXC right away exchanged and checked with the task get together.
As a trading platform, MEXC only presents consumers with a trading venue and does not interfere in the secondary marketplace. Anyone can query by way of on-chain information.” MEXC also has the proof to help its statement.
The MEXC side has also been hard: “MEXC respects the viewpoint of the neighborhood, is committed to safeguarding assets, and will by no means do something to harm users’ assets, over all, MEXC will by no means disregard with any malicious libel! MEXC has assigned legal counsel to hold proof of malicious rumors and smears, and will pursue legal duty for the events concerned that impact the status of the exchange.
Immediately right after this information and facts, the MEXC cryptocurrency exchange obtained a one-star storm right after the suspicion of promoting. The MEXC Android app at this time has an regular rating of one.three out of five stars following latest troubles with the ELMON token.
In the course of action of collecting creating elements, Dautucoin.com obtained a good deal of suggestions all over MEXC releasing the tokens of many other NFT video games. We will update this information and facts quickly.