Vugar Usi

CEO @MEXC - 0 Fees. Infinite Opportunities | Honorary Chairman @MVenturesLabs | Prev. @Bitget @beincrypto | Building a User-First & Trusted Global Gateway

[Vugar Usi @usithetalk]

A quick update from us.

We have established communication with FinCEN through the support of top-tier U.S. law firms. FinCEN confirmed receipt of our written request on Monday morning (U.S time). We are ready to fully cooperate.

The platform continues to operate normally. Deposits, withdrawals and trading are fully functioning. I'd like to thank the MEXC community for the tremendous amount of support shown these past few days.

We have a clear plan and a lot of work ahead. We’ll keep you informed as we make progress.

[Vugar Usi @usithetalk]

I’m genuinely saddened to hear about your disappointment. Unfortunately, due to local regulatory requirements, we have had to discontinue our services in the region. While we are currently unable to serve customers there, I sincerely hope circumstances will allow us to return in the future and serve you in full compliance with applicable regulations.

I truly appreciate your kind words and continued support, and I hope we will have the opportunity to welcome you back one day.

[Vugar Usi @usithetalk]

A quick update from us.

We have established communication with FinCEN through the support of top-tier U.S. law firms. FinCEN confirmed receipt of our written request on Monday morning (U.S time). We are ready to fully cooperate.

The platform continues to operate normally. Deposits, withdrawals and trading are fully functioning. I'd like to thank the MEXC community for the tremendous amount of support shown these past few days.

We have a clear plan and a lot of work ahead. We’ll keep you informed as we make progress.

[Vugar Usi @usithetalk]

I appreciate your perspective and transparency, particularly given our previous interactions.

At this stage, my team and I are fully focused on engaging directly with the relevant regulators and pursuing a constructive, timely resolution. We are doing everything within our power to facilitate an open dialogue and have already communicated to FinCEN our readiness to cooperate in good faith.

Since taking office, I have made strengthening our compliance capabilities a priority, including bringing in experienced professionals and enhancing our internal processes. We remain committed to continuous improvement and maintaining the highest standards of compliance.

I genuinely value the independent perspectives of community leaders and everyone following this matter closely. While uncertainty is never ideal, I remain confident in our ability to navigate this situation constructively and emerge as a stronger organization.

Thank you again for your thoughtful and candid perspective.

[Vugar Usi @usithetalk]

@Cointelegraph My team and I are working around the clock to resolve this matter and remain fully committed to cooperation and transparency. We deeply appreciate your unwavering support and will continue to keep community informed.

[Vugar Usi @usithetalk]

@LLuciano_BTC @Cointelegraph Thanks for your support!

[Vugar Usi @usithetalk]

@CoinStats @MEXC @FinCENnews My team and I are working around the clock to resolve this matter, with full openness and readiness to cooperate with all relevant parties. We remain committed to transparency, keeping our community informed, and are deeply grateful for unwavering support.

[Vugar Usi @usithetalk]

@Elizacreatez Thank you for your sincere support. My team and I are doing everything possible to resolve this matter swiftly. We are already engaging with the relevant authorities and remain fully committed to cooperation.

[Vugar Usi @usithetalk]

I sincerely thank our community for its continued trust and support, as well as the respected voices across the industry who have offered their perspectives and guidance as we navigate this matter.

My team and I remain fully committed to addressing the situation, which is our highest priority. We are working tirelessly alongside leading legal and compliance professionals to pursue a timely and constructive resolution. Our focus remains on protecting our users’ interests, minimizing any potential long-term impact, and ensuring we continue serving our global community with confidence and transparency.

[Vugar Usi @usithetalk]

As I’ve emphasized, we remain committed to open communication, transparency, and regulatory compliance. Since taking office, I have significantly strengthened our compliance team, brought in experienced talent, and engaged leading U.S. legal counsel with expertise in similar regulatory matters. Our priority is to address the concerns promptly and constructively, pursue an effective remediation process, and provide our users with the confidence and reassurance they deserve.

[Vugar Usi @usithetalk]

@wublockchain12 Rest assured, my team and I are working tirelessly to resolve this matter as quickly as possible. We sincerely appreciate our community’s unwavering trust and support.

[Vugar Usi @usithetalk]

@Cointelegraph Rest assured, my team and I are working tirelessly to resolve this matter as quickly as possible. We sincerely appreciate our community’s unwavering trust and support.

[Vugar Usi @usithetalk]

@breyonchain @MEXC Rest assured, my team and I are working tirelessly to resolve this matter as quickly as possible. We sincerely appreciate our community’s unwavering trust and support.

[Vugar Usi @usithetalk]

@SabrinaMeissnr @JesusMartinez @MEXC thanks a lot for your support, it means a lot!

[Vugar Usi @usithetalk]

@sevkikara 💙

[Vugar Usi @usithetalk]

@WaelAyedAlanazi We will, we are! working hard on this

[Vugar Usi @usithetalk]

@4444_isbat @goku_xc We will, we are!

[Vugar Usi @usithetalk]

@goku_xc Oh, wait ill follow too! 💙

[Vugar Usi @usithetalk]

@WaelAyedAlanazi 💙