There are suspicions that cryptocurrency exchange MEXC is facing insolvency, especially after massive withdrawals were noticed on the platform. Users reportedly experienced delays when attempting to withdraw their funds. This was after about $5.5 billion had been taken out of MEXC within a short time. MEXC Denies Insolvency Rumors Recently, MEXC users experienced some difficulties withdrawing their funds from the platform. Before then, a massive withdrawal of funds from the exchange led MEXC to record ou ...

FTX co-founder gary wang and Sam Bankman Fried. Photo by BeInCrypto Disgraced FTX founder Sam Bankman-Fried (SBF) has claimed in a new report that his bankrupt cryptocurrency empire was never insolvent. He alleged that bankruptcy lawyers, not fraud, are to blame for the collapse that shook global crypto markets in 2022. The report drew sharp responses from blockchain investigators quickly. Crypto sleuth ZachXBT accused SBF of misleading people again and trying to shift blame. Behind The FTX Collapse The ...