OKX founder Star Xu has a simple request for anyone holding funds on MEXC: please do not send them straight to OKX right now.
On November 7, 2026, Xu posted on X advising users to temporarily hold off on direct transfers from MEXC to OKX. The warning followed special measures taken by FinCEN, the US Treasury’s financial crimes unit, against MEXC.
What OKX is doing, and why it is moving early
According to the research findings, OKX has rolled out enhanced risk controls on MEXC-linked funds. They are described as similar to the controls exchanges apply during financial sanctions.
