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MEXC Denies Insolvency Rumors, Faces Record Withdrawals as Users Seek Proof of Solvency

MEXC exchange has denied ongoing insolvency rumors after users reported withdrawal delays and increased fund outflows. The crypto exchange said it will update its Merkle tree data tonight to allow users to verify the reserves directly. MEXC Outflows Surge to $5.5B Amid Liquidity Fears The exchange issued a public statement reaffirming that all assets areThe post MEXC Denies Insolvency Rumors, Faces Record Withdrawals as Users Seek Proof of Solvency appeared first on CoinGape.

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