escalating concerns about the state of MEXC; Deleting the account attributed to the CEO and Maxi’s reaction again

Following the publication of reports about the blocking of the account of several traders in the Mexi digital currency exchange (MEXC), which was called “rumor and false information” by the team of this platform, news about the deletion of the X (former Twitter) account attributed to the CEO of this exchange is circulating. Due to the growing concerns regarding Maxi’s situation, the team of this series has provided an explanation about this account deletion.

The story started with a news release on Twitter claiming that the CEO of Maxi had deleted or deactivated his X account with the username MEXC_CEO about a week ago. Considering the margins heard about this exchange, this issue intensified the concern of active traders on this platform and caused the official page of Maxi on X to react again.

The Maxi team said about these margins on their X page:

Recently, rumors about the deletion of Maxi’s CEO’s Twitter account have been circulating on social media. We apologize for the misunderstanding about this incident and we intend to clarify these matters.

1. Initially, Maxi Exchange used the MEXC_CEO user account for self-introduction and branding.

2. In July 2022, the main CEO of the exchange left his position.

3. December 2022 The main CEO officially resigned: The account MEXC_CEO was never verified by the Mexi platform and we did not issue a notice about it because it had little activity and followers (this is the main reason for the misunderstanding about the removal of this account).

4. December 2023, a number of users reported the removal of the MEXC_CEO account from Twitter. It should be noted that the person managing this account has no connection with Maxi.

Maxy’s explanations show that this account does not belong to John Chen Ju, the CEO of this collection, contrary to the opinion of some users, and in another Twitter message from Maxy’s team, it is said that Platform X has deleted this account. In response to reports of problems with withdrawals from the exchange and the blocking of several traders’ accounts, Maxi said earlier that the platform “is working without problems and all systems are normal”.