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Crypto exchange MEXC cracks down on market manipulation, freezes 1,500 accounts

Invezz Wednesday, 26 March 2025 ()
Crypto exchange MEXC cracks down on market manipulation, freezes 1,500 accountsCryptocurrency exchange MEXC has cracked down on over 1,500 accounts tied to a coordinated market manipulation scheme after internal investigations revealed suspicious activity in Vietnam and the Commonwealth of Independent States (CIS). Some of these accounts were trading over $20,000,000 daily, prompting concerns about systemic risks to crypto market infrastructure. The exchange’s detection of large-scale, […]
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