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MEXC Quells Fears Over Possible Issues After CEO Account Deact | Bitcoin Industry

MEXC Quells Fears Over Possible Issues After CEO Account Deactivation

Digital asset exchange, MEXC has addressed user fears over a deleted social media account believed to be its CEO, stating that the firm has no official connection with the account.

In a Dec 24 post on X (formerly Twitter), the exchange watered down community fears addressing all issues including the confusion behind the account ‘MEXC_CEO’ after it was deleted.

According to the post, the account in question was used for promotional activities and maintaining brand image in the early stages of the company’s operation. However, it was revealed that the firm never officially verified the account and did not make an announcement to that effect because of the limited engagement on the “MEXC_CEO” account.

As a result, many users believed the account was linked to the company and its former CEO who resigned last year. The platform also restated that the user has no official contact with the firm and apologized for the issue.

“We sincerely apologize for any confusion caused by this incident. In the future, MEXC will handle such events more cautiously, and we have reflected on and made the following improvements”