My point is simple:
stay informed, manage your risks and never assume your funds on an exchange are completely safe.
Honestly, I'm getting tired of having to monitor all of this every single day.
Exchange updates, restrictions, sanctions, regulatory changes and withdrawal issues.
Sometimes you just want to trade without constantly checking whether something has gone wrong with the platform holding your money.
Making money in crypto has become incredibly difficult. It's no longer just about trading, finding opportunities or understanding the market. Sometimes managing all these risks feels like a full-time job on its own.
🎴Now you have to worry about even moving your own funds.
Transfer crypto from one exchange to another and you might face a withdrawal freeze or compliance review.
Move it from an exchange to a cold wallet, and later those funds could be flagged as high-risk or linked to sanctioned sources🎴
You're dealing with risks even when you're simply trying to protect your own money.
Recent events in the crypto industry are another reminder of one simple rule: never rely entirely on centralized exchanges.
It's better to withdraw your funds regularly and keep only what you need for trading on exchanges.
Hacks, regulatory pressure, sanctions, frozen withdrawals and restrictions can affect even major platforms. US-based exchanges, however, operate within a different regulatory environment and face a different level of exposure to these types of sanctions.
There's another factor worth watching:
US influence over the global financial system.
Dollar infrastructure, sanctions and stablecoin regulations can impact the entire crypto market, including platforms outside the US.
That's why it's worth having a backup plan:
> Cold wallets for long-term storage.
> Hot wallets for convenience and flexibility.
> Alternative exchanges for trading.
I'm not telling anyone where to keep their money or which exchange to use.
Every platform has its own risks, and everyone should make their own decisions.
@Kingd3sm0nd This information was accurate at the time the tweet was published.
Of course, the situation can change, and it's important to keep up with the latest updates.
Everyone makes their own decisions - I’m simply sharing information, just like any other news.
DYOR.
Last night withdrawals worked fine.
MEXC is under pressure from the US Treasury
And this looks more serious than just another
regulatory headline.
According to FinCEN, at least $16 billion in
transactions linked to illicit financial activity passed
through the exchange between May 2021 and May
2026
That includes around $1 billion in direct transactions
with Iranian crypto exchanges and nearly $1.5 billion
linked to sanctions evasion involving Russia.
But the most interesting part is what's happening on
the platform right now
Based on my own checks, major withdrawal networks
are currently disabled:
BNB Chain, TRON, Solana, Arbitrum, TON, Avalanche, Optimism, Polygon, Aptos, Celo, NEAR and Plasma.
USDT withdrawals remain mainly available through
Ethereum.
MEXC says user assets are safe and the platform is
operating normally.
MEXC is aware of the order issued by the U.S. Financial Crimes Enforcement Network (FinCEN) on November 6, 2026, and is reviewing it closely in coordination with our legal and compliance teams.
MEXC is operating normally, and user assets remain secure.
We take the concerns raised seriously and intend to engage constructively with FinCEN, as well as other relevant regulators and competent authorities worldwide. We have also begun an independent review of our AML and sanctions controls.
We will continue to monitor the situation closely and provide further updates through our official channels.
CoinGecko Candy → the quiet flex @coingecko
No official leaderboard
The highest public balance I’ve seen → 70K+
Some people claim they’re sitting on 100K+ and don’t even know what to do with the
How much Candy do you have?
Show your balance 👇👀
MEXC says they contacted FinCEN and everything is fine.
Other exchanges are already restricting transfers from them.
First regulators, then hackers. Not waiting around for it to get worse.
Withdrew everything and moved on.
MEXC says they contacted FinCEN and everything is fine.
Other exchanges are already restricting transfers from them.
First regulators, then hackers. Not waiting around for it to get worse.
Withdrew everything and moved on.
Last night withdrawals worked fine.
MEXC is under pressure from the US Treasury
And this looks more serious than just another
regulatory headline.
According to FinCEN, at least $16 billion in
transactions linked to illicit financial activity passed
through the exchange between May 2021 and May
2026
That includes around $1 billion in direct transactions
with Iranian crypto exchanges and nearly $1.5 billion
linked to sanctions evasion involving Russia.
But the most interesting part is what's happening on
the platform right now
Based on my own checks, major withdrawal networks
are currently disabled:
BNB Chain, TRON, Solana, Arbitrum, TON, Avalanche, Optimism, Polygon, Aptos, Celo, NEAR and Plasma.
USDT withdrawals remain mainly available through
Ethereum.
MEXC says user assets are safe and the platform is
operating normally.
Last night withdrawals worked fine.
MEXC is under pressure from the US Treasury
And this looks more serious than just another
regulatory headline.
According to FinCEN, at least $16 billion in
transactions linked to illicit financial activity passed
through the exchange between May 2021 and May
2026
That includes around $1 billion in direct transactions
with Iranian crypto exchanges and nearly $1.5 billion
linked to sanctions evasion involving Russia.
But the most interesting part is what's happening on
the platform right now
Based on my own checks, major withdrawal networks
are currently disabled:
BNB Chain, TRON, Solana, Arbitrum, TON, Avalanche, Optimism, Polygon, Aptos, Celo, NEAR and Plasma.
USDT withdrawals remain mainly available through
Ethereum.
MEXC says user assets are safe and the platform is
operating normally.
MEXC is facing serious regulatory pressure
▫️▫️▫️▫️▫️▫️▫️▫️▫️▫️▫️
FinCEN's action puts the exchange under scrutiny over
alleged $16B in illicit transactions.
But the bigger concern is what happens to users' funds
when regulatory pressure spreads beyond one
exchange.
This is exactly why exchange reliability matters more
than bonuses or trading fees.
Keplr Wallet exploit: ~$70K reportedly stolen.
Some wallets using Google/Apple login via Web3Auth
were affected. Seed-based wallets reportedly
unaffected.
Part of the $3M-$6M in reported transfers went to
whitehat recovery wallets.
My take: Web3 convenience means nothing if wallet
security can't keep up.