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In 2022, The Securities Commission Malaysia (SC) issued a warning against MEXC Global that this firm is operating a digital asset exchange (DAX) without registration. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list
MEXC Global claims its presence over and across major continents and jurisdictions around the globe and is regulated. But the Securities Commission Malaysia (SC) issued a warning against MEXC Global that this firm is operating a digital asset exchange (DAX) without registration. The truth is, MEXC Global is an unauthorized trading platform to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
On 19 October 2023, the Federal Financial Supervisory Authority (BaFin) issued a warning that MEXC Global was providing financial services or products without authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_10_17_mexc_en.html
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