OKX warns against direct transfers from MEXC due to asset freezing risks

Cryptocurrency platform OKX has issued a warning to its users: they should not make direct fund transfers from the MEXC exchange. Such actions pose a risk to clients' financial assets.

Potential consequences for accounts

According to an OKX statement, transactions of this type may trigger asset freezes. There is also a likelihood of additional account checks in the event of attempts to move funds directly from MEXC.

Actions before the end of the transition period

The exchange began taking appropriate measures before the end of the 30-day transition period established by FinCEN.