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Home News MEXC has unfrozen the trader known as “The White Whale”‘s account with over $3 million in funds. The trader has announced that they will donate the full amount of the recovered funds.

MEXC has unfrozen the trader known as "The White Whale"'s account with over $3 million in funds. The trader has announced that they will donate the full amount of the recovered funds.

MEXC has unfrozen the trader known as “The White Whale”‘s account with over $3 million in funds. The trader has announced that they will donate the full amount of the recovered funds.

BlockBeats News, November 4th, according to Beincrypto, MEXC Chief Strategy Officer Cecilia Hsueh has publicly apologized to the cryptocurrency trader “The White Whale” and confirmed the unfreezing of their account holding over 3 million USD.

The dispute began in July when “The White Whale’s” account was frozen citing “risk control.” The trader has been protesting the exchange’s freezing of their funds since August. Reports state that MEXC even requested offline KYC from them.

White Whale has stated that they will donate all the recovered funds, with half being gifted to early supporters through their NFT event and the remaining portion being distributed to verified non-profit organizations. They also mentioned that in the coming days, an airdrop claim mechanism and a community voting system will be launched.

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