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November 1, 2025Cryptopolitan logoCryptopolitan

MEXC hit with accusations from an anonymous X account

An anonymous X account known as @Mystral_777 has ignited a storm across crypto Twitter after dropping a 10-part exposé in form of a thread accusing crypto exchange MEXC of everything from $10 million in frozen withdrawals and listing fee extortion to sexual misconduct by executives, including references to leaked videos and alleged hush ￰0￱ thread includes screenshots, DMs, and direct allegations, none of which have not been independently verified, either by law enforcement, a recognized regulatory body, or ￰1￱ to Mystral, many crypto projects including CateCoin were charged over $60,000 in listing fees, only to be asked for additional payments prior to ￰2￱ they refused, tokens were never launched on the platform.

A screenshot of an email from an MEXC listing manager shows alleged communication with CateCoin offering “marketing exposure” and urging for a quick ￰3￱ the most serious accusation from Mystral was that MEXC froze over $10 million in user withdrawals, then closed support tickets without explanations.

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