← MEXCreviewed 2026-10-28 · 12 claims checked
Fact-check findings
What an automated fact-checker found when it re-read MEXC against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
5 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #1[disputed][awaiting moderator]in the summary
“dissolved in December 2024”
reviewerSeychelles entity was dissolved in December 2024The FSA statement gives 17 August 2024 as the dissolution date. December 2024 appears to conflate it with the end of the transitional period.Proposed correction (not yet applied)dissolved in August 2024 - #2[disputed][awaiting moderator]in section: Background and corporate structure
“automatically dissolved on December 18, 2024”
reviewerEntity automatically dissolved on December 18, 2024Same error as in the summary. The strike-off date (17 Aug 2023) and incorporation date (18 Feb 2020) match the FSA page.Proposed correction (not yet applied)automatically dissolved on August 17, 2024 - #3[disputed][awaiting moderator]in the timeline
“2024-12”
reviewerTimeline: Seychelles entity dissolved in 2024-12Timeline date field is wrong for the dissolution event.Proposed correction (not yet applied)2024-08 - #4[disputed][awaiting moderator]in the timeline
“2023-11”
reviewerJapan FSA warning occurred in 2023-11The cited source dates the Japan action to February 2025, not November 2023. Entry is placed out of chronological order as a result. The 2023 FSA warning to MEXC, if any, was not verified.Proposed correction (not yet applied)2025-02 - #5[disputed][awaiting moderator]in section: Regulatory actions in Asia
“(dated 2023 on one page)”
reviewerJapan App Store/Google Play removal dated 2023 on one pageThe Block says February 2025. The page's Article 63-2 citation is not supported by this source (the fastbull source was not checked).Proposed correction (not yet applied)(February 2025)
unverifiable
2 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #11[unverifiable][awaiting moderator]in section: User fund freezes and the White Whale incident
“In November 2025 Chief Strategy Officer Cecilia Hsueh publicly apologised, returned the frozen funds (over $3 million)”
reviewerWhite Whale freeze, $3.1M, ZachXBT amplification, CryptoQuant BTC withdrawal figures, Hsueh apology and refundFetch blocked; not scored. The page itself notes inconsistent dating of the CryptoQuant figure (mid-July vs. October 30, 2025), which is an internal inconsistency worth cleaning up. - #12[unverifiable][awaiting moderator]in section: Regulatory actions in Asia
“Hong Kong (March 2024): on March 15, 2024 the Securities and Futures Commission added MEXC to its Suspicious Virtual Asset Trading Platforms Alert List”
reviewerHong Kong SFC added MEXC to alert list on March 15, 2024Not fetched in this review; the CoinDesk URL date is consistent. Left unchecked rather than rated.
confirmed
5 claimsThe cited evidence supports the claim as written.
- #6[confirmed][no action needed]in section: Regulatory actions in Europe
“Belgium (July 2024): the FSMA ordered MEXC Global Ltd on July 23, 2024”
reviewerBelgium FSMA ordered MEXC Global Ltd on July 23, 2024 to cease custodian wallet servicesDate and substance match. - #7[confirmed][no action needed]in section: Regulatory actions in Europe
“on September 24, 2025 the Dutch AFM warned that MEXC Global provides crypto-asset services in the Netherlands without the required MiCAR licence”
reviewerDutch AFM warned on September 24, 2025 under MiCAR; trade register, Dutch X account, conference sponsorshipSupported by the primary regulator source. - #8[confirmed][no action needed]in section: Background and corporate structure
“one page reports he was appointed in April 2026 (previously COO at Bitget) and described a MiCA licence application as 'a top strategic priority'”
reviewerVugar Usi appointed CEO April 2026, previously COO at Bitget, MiCA application a top strategic priorityMatches. The article spells the name 'Vugar Usi'. - #9[confirmed][no action needed]in section: Seychelles FSA enforcement and legal standing
“followed by an enforcement public statement on May 30, 2025”
reviewerSeychelles FSA enforcement public statement on May 30, 2025May 30, 2025 date confirmed. The February 14, 2025 warning date was not verified on the cited page. - #10[confirmed][no action needed]in section: Regulatory actions in Asia
“South Korea (April 2025): the Financial Intelligence Unit directed Apple to block MEXC's app on the Korean App Store and Google Play to delist it”
reviewerSouth Korea FIU directed Apple to block MEXC app April 2025; MEXC reviewing measuresBroadly supported.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.