The White Whale steps in to help MEXC revamp business
The post The White Whale steps in to help MEXC revamp business appeared on BitcoinEthereumNews.com.
Crypto trader The White Whale has offered to serve as an unpaid advisor to MEXC following the resolution of a months-long dispute over $3.15 million in frozen funds. Summary MEXC unfroze $3.15M after public backlash and apology from CSO Cecilia Hsueh. Trader The White Whale offered to serve as unpaid advisor to help rebuild trust. White Whale defended Hsueh against false rumors, urging community integrity. The prominent trader extended the offer after an hour-long video call with MEXC Chief Strategy Officer Cecilia Hsueh. “If you truly want to fix what was broken — I’ll support you. I’ll make myself available as an unpaid advisor,” The White Whale wrote on X. Hsueh accepted the offer and stated that MEXC is “committed to building a new MEXC: more transparent, more user-centric, and stronger than before.” @MEXC_Official @cecilia_hsueh My offer on our hour-long video call was sincere. If you truly want to fix what was broken – I’ll support you. I’ll make myself available as an unpaid advisor. You know who I am. I’ve built consumer-facing web2 empires from scratch, operated… — The White Whale (@TheWhiteWhaleV2) November 1, 2025 MEXC unfroze funds after public pressure campaign The dispute began in July when MEXC froze The White Whale’s account citing vague “risk control” protocols. The exchange alleged the trader had placed two orders within the same second. The White Whale went public with the situation in August 2025, claiming his only offense was being “too profitable.” He maintained that he had committed no wrongdoing, never used trading bots or privileged API access, and had already completed extensive KYC requirements including live video verification, address proof, and phone number confirmation. The hashtag #FreeTheWhaleWhale became popular on X. Other users reported similar account freezes. On-chain investigator ZachXBT publicly supported the trader, putting pressure on MEXC. On…
Filed under: News - @ November 2, 2025 3:25 pm