On-chain analyst Specter says MEXC is being singled out, even though it doesn’t rank among the top four CEXs by the volume of illicit funds they process.
He made the claim in response to ZachXBT and @usithetalk, adding that institutions that “knowingly and continuously” handle illicit funds have instead faced no consequences. The top-four ranking comes from Specter’s own analysis, not third-party data.
· The limits of the claim are clear: this reflects Specter’s view of how the ranking is calculated. The source provides neither a list of exchanges nor the volume of funds handled by each.
· The source also doesn’t specify why MEXC is being singled out.
If you were to verify this allegation, would you look at on-chain fund flows first, or at the exchange’s compliance disclosures?
He made the claim in response to ZachXBT and @usithetalk, adding that institutions that “knowingly and continuously” handle illicit funds have instead faced no consequences. The top-four ranking comes from Specter’s own analysis, not third-party data.
· The limits of the claim are clear: this reflects Specter’s view of how the ranking is calculated. The source provides neither a list of exchanges nor the volume of funds handled by each.
· The source also doesn’t specify why MEXC is being singled out.
If you were to verify this allegation, would you look at on-chain fund flows first, or at the exchange’s compliance disclosures?
