Announcement on Suspension of Some OTC Merchants
Dear users,
We find that during the market decline on September 7, 2021, some OTC merchants took advantage of users' desire of making up positions to inflate the price of USDT, and some even sold USDT to users at the price of 15 through the one-click trading function, which seriously harmed the interests of our users.
MEXC is determined to resist this kind of behavior, and will activate the Investor Protection Fund to firmly protect the interests of users. MEXC will pay our users back with the MEXC Investor Protection Fund, and at the same time recover the money from certain merchants and stop some of them from being listed.
For users with abnormal transactions, MEXC will be there to handle this issue for you, and it is expected that all cases will be completed within 12 hours. Thank you for your support and understanding!
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The MEXC team
2021-09-08