Sure! Here’s your MEXC exchange scam controversy summary in natural, professional English, keeping the structure optimized for SEO/blog posting:

Recently, a growing number of users have reported various issues with the MEXC exchange, including withdrawal delays, account freezes, stricter KYC requirements, and profit clawbacks. Below, we summarize major cases based on community discussions, news reports, and official responses, and offer practical strategies to protect your assets.

1. Withdrawal Freezes and Advanced KYC Demands

Reddit user Raresh19823 shared:

“After having used MEXC for many years… they all of a sudden require me to submit advanced KYC … I basically lost access to my own funds.”
Source: reddit.com

2. Long-term Asset Freezes

• Numerous cases of assets frozen for 30 days to as long as a year
• Example: 7,000 USDT frozen for 30 days, unresolved by customer support
  Source: reddit.com

3. Profit Clawback Allegations

• According to CoinTelegraph, some users had profits forcibly clawed back for “abnormal trading”
• Notable cases: $33,658 and $330,000 clawed back
• MEXC stated this is for risk management, claiming ordinary traders are unaffected
  Source: cointelegraph.com

4. Suspicious Security Fee Demands

• Multiple Reddit reports about a requested “$30 security risk control fee”
• Official MEXC support claims no such fee is ever charged
  Source: reddit.com

5. Reputation on Trustpilot and Other Platforms

• Numerous negative reviews mentioning “scam” and “withdrawal issues,” with very low ratings
  Source: trustpilot.com

Risk Prevention and Response Strategies

• Check withdrawal/KYC policies before signing up – even if withdrawals are possible initially, policy changes can restrict access later.
• Be cautious with high-profit trading – large profits may trigger risk management or clawbacks.
• Never store all assets on one exchange – always transfer profits promptly to an external wallet.
• Monitor community feedback – regularly check Reddit, Trustpilot, and other platforms for real user reports.
• Prefer regulated exchanges – use licensed, regulated platforms like Binance, Upbit, or Kraken when possible.

Exercise extreme caution when using MEXC and similar overseas exchanges.
For up-to-date scam cases, prevention tips, and safe exchange lists, visit CoinKiller (c-kill.com).

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