avoid.net/mexc→56/100[CAUTIONARY]MEXC is a centralized cryptocurrency exchange founded in 2018 and operating from the Seychelles, whose Seychelles operating entity was struck off in August 2023 and dissolved in December 2024 without ever being licensed under the VASP Act 2024. It has drawn warnings or orders from regulators in Hong Kong, Germany, Belgium, Japan, Estonia, Austria, Canada, the Netherlands and South Korea, holds no MiCA licence and signalled an EU market exit ahead of July 1, 2026. In 2025 its handling of frozen accounts, notably 'The White Whale' case amplified by ZachXBT, led to a public apology from its Chief Strategy Officer.